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Labor Department Pushes Intensified Scrutiny of Employee Stock Ownership Plan Fiduciaries

November 18, 2010
Related Topics: Retirement/Pensions, Benefit Design and Communication, Finance/Taxes, Featured Article, Compensation
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Increased costs also worry some as the rule extends fiduciary liability to ESOP valuation firms and significantly strengthens the Labor Department's ability to file lawsuits against them for faulty appraisals.
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