ESOP-Owned Pariveda names "Best Firms to Work For"

DALLAS, Sept. 12, 2017 /PRNewswire/ -- Pariveda Solutions, a leading management and technology consulting firm that specializes in boosting clients' performance through innovative technology solutions and strategic consulting has been named by Consulting Magazine as one of the 2017 "Best Firms to Work For". As one of only fifteen firms appearing on the list, this marks the second consecutive year that Pariveda has been chosen to receive this recognition. This year Pariveda cut their ranking in half from last year coming in at #5.

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Studio Elias
Maine's Newest ESOP Company

The leaders of Westbrook, ME based Ethos have sold 100% of their company to a newly-formed Employee Stock Ownership Plan. Ethos, a multi-platform branding and digital agency with 55 employees, announced today that it has established an Employee Stock Ownership Plan, joining a growing number of companies in Maine and nationally choosing the ESOP model for future growth.

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Court Orders $5M to Be Restored to Employee Stock Ownership Plan

NEW YORK, NY – The U.S. Department of Labor has reached an agreement with the owner of a Manhattan laser surgery center to pay $5 million to its Employee Stock Ownership Plan (ESOP) to resolve violations of the Employee Retirement Income Security Act of 1974 (ERISA). The agreement was entered in a consent judgment by the U.S. District Court for the Southern District of New York.

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Pluss Corporation is Now an Employee Owned Company

Columbia Falls, MT, August 04, 2017 --(PR.com)-- Pluss Corporation, a leading producer and provider of resource management software for Repair Shops and Dealers in the Truck, Heavy-Equipment and Emergency Equipment Market, is thrilled to announce that it is now an employee-owned company. Through the purchase of shares previously held by the founding members of the company, 100% of Pluss Corporation is now held in an employee stock ownership plan.

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In Rebuke of Big Beer Buys, Modern Times Establishes ESOP

THE GIST
In a move that seems inextricably tied to both its internal business philosophy and external politics, San Diego's Modern Times Beer announced today that it is now employee owned. In a statement, the fast growing company says it has repurchased shares held by outside investors and, as a result, 30% of the company is now held in an employee stock ownership plan (ESOP).

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It's Little Wonder Employee Owners Worry Less

Despite a growing economy, millions of American continue to experience ongoing anxiety about their current and future economic well-being. Yet a new study indicates there is one group of workers who are feeling more financially secure and optimistic about their future than average workers: employees who work in private, employee-owned businesses.

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Employee Ownership Linked to Better Wages, Wealth and Benefits

As the nation is in the midst of a rapid rethink of the fortunes of the middle class that is affecting both political parties, a new study suggest what kinds of companies might improve their wages and wealth. The study, Employee Ownership and Economic Well-being, shows that employee stock ownership is linked with better wages, wealth, and benefits for young workers as they move through their first two decades in the workforce. Have no doubt about it, these workers are at the frontline of capitalism where the failure of our economic system to build wealth for the middle class has to be sorted out or where even more severe disappointment will have to be admitted very soon with bad consequences for our society and economy at large.

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Independent Grocer Launches 43% ESOP

SANTA ROSA, Calif.--(BUSINESS WIRE)--Oliver's Market, Sonoma County's largest locally owned and independent grocer, announces the sale of 43% of the company to employees through an Employee Stock Ownership Plan (ESOP). The company also registered with the state of California as a Social Purpose Corporation, allowing leadership to consider employees, the environment, and the community in addition to financial position when considering any business decision.

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