Harris v. Koenig

BVLaw
Full Text of Court Cases
June 27, 2011
ESOP valuations

Harris v. Koenig
2011 WL 2531257 (D. D.C.)
US
Federal Court
District of Columbia
United States District Court
Saul Solomon
Kessler

Summary

Court upholds the alternative investment method used by ESOP expert to support claims that plan trustee breached its fiduciary duty by imprudently investing in stocks it knew to be artificially inflated by accounting improprieties.
Harris v. Koenig
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See Also

ESOP Expert Attacked for Using ‘Alternative Investment Method’

Court upholds the alternative investment method used by ESOP expert to support claims that plan trustee breached its fiduciary duty by imprudently investing in stocks it knew to be artificially inflated by accounting improprieties.

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