Defendants Win Summary Judgment In Suit Over ESOP Releveraging Deal

( April 1, 2026, 4:17 PM EDT) -- FAYETTEVILLE, Ark. — Granting summary judgment for the defendants in a suit over an employee stock ownership plan (ESOP) releveraging deal, an Arkansas federal judge ruled in part that the argument that the plan sponsor and company leaders were functional fiduciaries under the Employee Retirement Income Security Act is a “strained” one “unsupported by the facts.”...

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