ESOP Managers Can't Force Airline Workers To Arbitrate Suit

By Emily Brill (March 8, 2023, 9:26 PM EST) -- A cargo airline's owners and the caretakers of its employee stock ownership plan must face an Employee Retirement Income Security Act lawsuit in Delaware federal court, a judge ruled Wednesday, throwing out their bid to arbitrate workers' claims that the defendants mismanaged the transaction that created the ESOP....

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