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Court may unwind owner sale of company to ESOP because price too high

Company is a Hawaii architectural firm. On April 27, 2018, the U.S. Department of Labor filed a lawsuit in a Hawaii federal district court alleging that ESOP Trustee and Owners caused the Company’s ESOP to purchase the Company’s shares from

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Utah case is a lesson for selling your stock to an ESOP

This is the story of Dale and Julie, husband and wife, who owned a Utah company that was started in 1952 and sold and implemented computer products. As an exit strategy Dale and Julie established a company ESOP. From 2007

Posted in sale of business to ESOP

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