Mealey's ( February 25, 2026, 3:39 PM EST) -- NEW YORK — An Employee Retirement Income Security Act lawsuit that the U.S. Department of Labor (DOL) filed over a July 2016 Employee Stock Ownership Plan (ESOP) deal has been resolved under a consent order and judgment that the agency told a New York federal court consists of “debt forgiveness totaling $14 million; cancellation of warrants giving defendants the right to purchase 40% of the company; and cash payments (including penalties) totaling $1.1 million all coming from the persons that caused and knowingly participated in the violations.”...