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The Lesson in the Chicago Tribune ESOP Mess
Stephen Rosenberg, The Wagner Law Group [Opinion] Nov. 21, 2010 "The Tribune case reflects the fact that making use of that stock for transactional purposes can well end up, in at least the outlier cases, with large losses to plan participants, after which the class action bar or the [DOL] are likely to try to transfer those losses to one or more of the parties involved in the transaction." |
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