Court approves ERISA action against ENRON executives, trustee, and plan auditor for retirement plan losses
Article Abstract:
The ENRON executives, trustees and outside auditors could be sued under the Employee Retirement Income Security Act (ERISA), as ruled out by the U.S. federal court. It was for allowing the Enron 401(k) Savings Plan, Employee Stock Ownership Plan (ESOP), and Cash Balance Plan to suffer heavy losses due to Plan investments.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2004
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Does the 'donut club' make the difference?
Article Abstract:
The notorious Vizcaino v. Microsoft Corp. case had succeeded in ringing the alarm bells and prompting human resource departments to grapple with similar internal issues tactfully. An examination of the aforesaid case as well as similar cases during the past decade is presented.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2006
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The effects of stock option expensing
Article Abstract:
The Financial Accounting Standards Board (FASB) has issued regulation for domestic and international companies to show earnings charges for all forms of equity compensation plans beginning in 2005. The impact of these regulations on business enterprises is discussed.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2004
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- Abstracts: Benefits round-up. Enron executives may be liable for retirement plan losses. Third Circuit rejects "elimination" of retirement-type shutdown benefits
- Abstracts: Principles and best practices of executive compensation that stand the test of time. Variable pay across borders: the case of France