Former Trustee's Challenge of Valuation Method Fails

Business Valuation Update BVLaw
Legal and Court Case Update
October 19, 1999

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ERISA
breach of fiduciary duty, fair market value (FMV), erisa
Owen v. SoundView Financial Group
1999 U.S. Dist. LEXIS 16593
US
Federal Court
New York
United States District Court
Pollack

Summary

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

Full Text of Court Cases
October 19, 1999

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