In January of 2019 we published an article titled "Post Transaction Dip in ESOP Stock Purchases". That article discussed that there has been an increased level of activity by plaintiffs' attorneys looking for price dips in employee stock ownership plan (ESOP) owned stock. The technique used by plaintiff's attorneys is to pay a law firm to compare Form 5500s submitted by ESOP trusts and look for a drop in the value of the stock held by the trust. In that
ESOP stock price drops in the current pandemic
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ESOP stock price drops in the current pandemic
Steven York CPA/ABV/CEIV, ASA, CBA, CGMA2 years ago · 5 min read
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