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March 24, 2020 News

CLIENT ALERT - ESOP Stock Valuations and COVID 19 Concerns

Companies that sponsor employee stock ownership plans (“ESOPs”) that expect to make material payments to ESOP participants in 2020 should consider an “interim valuation” of their stock if COVID 19 has materially affected their businesses.

PDF of the Client Alert:  ESOP Stock Valuations and COVID 19 Concerns