Former Trustee's Challenge of Valuation Method Fails

Business Valuation Update BVLaw
Legal and Court Case Update
October 19, 1999
breach of fiduciary duty, fair market value (FMV), erisa

Owen v. SoundView Financial Group
1999 U.S. Dist. LEXIS 16593
Federal Court
New York
United States District Court


Plaintiff was an employee and director of the defendant SoundView Financial Group and was also a participant in and trustee of the company's 401(k) and profit-sharing plan.

See Also

Owen v. SoundView Financial Group

At issue is whether or not the defendants' judments should be protected by registration in the area where he lives and works.