In 2016, the Department of Labor (DOL) challenged a 2010 acquisition of the remaining 52% of shares of Sentry Equipment Erectors Inc. by its Employee Stock Ownership Plan (ESOP), claiming it overpaid in its $21 million purchase of the shares from company owner Adam Vinoskey, who was also an ESOP Trustee.
This year’s Global Investment Research Challenge is underway, including more than 5,700 participants from 1,100 universities worldwide. This annual event, which is sponsored globally by the CFA Institute and is hosted by local CFA chapters, saw the largest number of New York-area participants ever, with more than 30 university-sponsored teams submitting reports and presenting to […]
In the spirit of holiday giving, Monument Economics Group has again made donations to four local charities on behalf of its business partners: So Others Might Eat in Washington, DC; Robin Hood Foundation and Brain & Behavior Research Foundation in New York, NY; and Broad Street Ministry in Philadelphia, PA. All four organizations make a profound […]
Today, November 14, 2018, the American Antitrust Institute (“AAI”) is awarding Monument Economics Group’s Dr. Russell Lamb with the 2018 Antitrust Enforcement Award for Outstanding Antitrust Litigation Achievement in Economics for his work on the In re Domestic Drywall Antitrust Litigation (“Drywall”) matter.
The final approval of a $75 million settlement in the NCAA student athlete concussion litigation (MDL No. 2492 Master Docket No. 1:13-cv-09116) was recently put on hold after an initial finding that approximately 75,000 class members from 27 NCAA member institutions failed to receive claim notices.