Stock Drop Litigation
July 2, 2007 The June 29 Employee Ownership Update is now online, discussing the following items: - Stock Drop Lawsuits
- German Government Wants to Increase Employee Shareholding
- Large Companies Moving Toward Grant Date Closing Price as Exercise Price for Options
- New Booklet on Employee Owners in S ESOP Corporations
- Federal Reserve Article Takes Positive View of ESOPs
- Are You a "Best Place to Work" Small or Medium-Sized Company?
The Stock Drop Lawsuits section discusses the impact of 53 lawsuits filed since the late 1990s. Although the total judgments and settlements were almost $1.5 billion, if you do not consider the four significant cases (Enron, AOL, the Williams Company, and Royal Dutch Shell), “the average employee is receiving only several hundred dollars per settlement.” For more information about stock-drop litigation, check out this PowerPoint presentation. I will have more information about the Federal Reserve article in a separate post. |
