Refrigeration Co. Can't Put ESOP Valuation Suit On Ice

By Patrick Hoff (February 7, 2024, 6:31 PM EST) -- An industrial refrigeration company can't avoid a former executive's suit alleging it mismanaged an employee stock ownership plan by grossly undervaluing the business, after a North Carolina federal judge ruled he could still sue on behalf of the plan even if he's no longer a trustee....

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