Reliance's $22.5M Deal With DOL Over RV Co. Stock Plan OK'd
By Bonnie Eslinger ( August 31, 2023, 6:45 PM EDT) -- An Arizona federal judge signed off on a deal inked by the U.S. Department of Labor requiring Reliance Trust Co. to pay $22.5 million to settle claims accusing a recreational vehicle rental company and the trustee of establishing an employee stock ownership plan in which the workers overpaid for their employer's stock....
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