Employee Stock Ownership Plans

Employee Stock Ownership Plans ("ESOP") are ERISA covered plans that allow employees to either purchase or be given stock in the company that they work for at that time. These plans have strict rules that must be adhered to under ERISA so that employees' interests are protected. Over the years several companies and their management personnel have violated those rules by stealing or improperly borrowing money from ESOP.  If you believe your employer has improperly taken monies from your ESOP please contact our office so that we can make sure rights are protected.