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Thursday, November 29, 2012

Labor Department sues Maran ESOP plan, fiduciary over stock valuation

The Department of Labor filed a lawsuit against the Maran Inc. employee stock ownership plan and its independent fiduciary and trustee, First Bankers Trust Services, for allegedly allowing overpriced stock purchases.



http://www.pionline.com/article/20121129/DAILYREG/121129893/labor-department-sues-maran-esop-plan-fiduciary-over-stock-valuation

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