DOL Sues Over New York BBQ Co.'s $99M Stock Plan Deal <https://www.law360.com/newyork/articles/2277067?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-12-23&read_main=1&nlsidx=0&nlaidx=10>
By Kellie Mejdrich The U.S. Department of Labor sued Argent Trust Co. and several New York City restaurant operators in federal court, alleging they violated federal benefits law by causing a barbecue company's employee stock ownership plan to pay $99 million for overvalued company stock in a leveraged transaction. Complaint attached | Read full article » <https://www.law360.com/newyork/articles/2277067?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-12-23&read_more=1&nlsidx=0&nlaidx=10> | Save to favorites » <https://www.law360.com/newyork/articles/2277067?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-12-23&read_later=1&nlsidx=0&nlaidx=10>
