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Su v. Heritage et al
Case Number:
1:18-cv-00155
Court:
Nature of Suit:
Judge:
Firms
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September 20, 2021
Architecture Firm Gets Labor Dept.'s ERISA Suit Tossed
A Hawaii federal court has sided with an architecture firm after a five-day bench trial, tossing out a U.S. Department of Labor lawsuit that claimed an employee stock ownership plan overpaid for company shares and ruling that federal benefits law hadn't been violated.
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January 19, 2021
Architecture Co.'s Execs Seek To Escape DOL Stock-Plan Suit
The administrators of an architectural firm's employee stock ownership plan have asked a Hawaii federal judge for a win in a U.S. Department of Labor suit alleging the executives inflated the firm's revenue projections when its stock was appraised, saying they fulfilled their obligations to the plan.
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April 30, 2018
Architect Co. Execs Mishandled Worker Stock Plan, DOL Says
An architectural and engineering firm's leaders and the trustee of the firm's employee stock ownership plan breached their fiduciary duties by allowing the plan to purchase company shares at a price significantly greater than their market value, the U.S. Department of Labor alleged Friday in Hawaii federal court.