Assessing the Recent Claims Against Sellers and Other Non-Trustees in Lawsuits Relating to ESOPs

By and on August 15, 2024

Increasingly, sellers of stock and others who customarily have not been named as defendants alongside employee stock ownership plan (ESOP) trustees are being sued in lawsuits relating to ESOPs. Chris Nemeth and Jane Kim recently presented a webinar to members of the National Center for Employee Ownership (NCEO) analyzing this trend. They discussed the types of claims recently brought against sellers, company executives, outside investors and other non-trustees in recent lawsuits relating to ESOPs, and they offered practical tips for protecting against such lawsuits.

Watch the recording here.

J. Christian Nemeth
J. Christian (Chris) Nemeth provides legal counsel on complex commercial litigation and government investigations, including ERISA matters, financial and banking cases, business torts and breach of contract actions. Chris is the Co-Chair of the Firm’s ERISA Litigation group and works closely with the Firm’s Employee Benefits department on all types of Litigation matters, Department of Labor investigations and similar issues. Read Chris Nemeth's full bio.


Jane Kim
Jane Kim focuses her practice on ERISA litigation. She has experience handling a variety of complex commercial litigation matters related to employee benefits issues, as well as investigations brought by the Department of Labor (DOL) and other government agencies. Read Jane Kim's full bio.

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