Employee Stock Ownership Plan (ESOP)

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AIT Labs ownership transferred to employees

Published July 1, 2009, 11:04 pm, The Indianapolis Star

Nearly two decades after sinking his life savings into starting a small toxicology laboratory and watching it grow to 320 employees, Dr. Michael Evans has said "no thanks" to interested buyers for the last time.

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Daymon Among Top 10 Employee-Owned Companies

Published July 1, 2009, 6:10 pm, Progressive Grocer

Private label consultancy Daymon Worldwide yesterday was named one of the top employee-owned companies (ESOP) in the United States by the National Center for Employee Ownership (NCEO), coming in ninth out of 100 companies selected.

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AIT Laboratories confirms ESOP agreement

Published July 1, 2009, 7:01 am, Indianapolis Business Journal

As expected, AIT Laboratories CEO Michael A. Evans has transferred ownership of the company to its workers through an employee stock ownership plan, or ESOP, the company announced today.The Indianapolis-based company declined to reveal the price of the sale.Fast-growing AIT Laboratories previously said ...

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Workers sue top leaders at Antioch

Published June 30, 2009, 10:39 pm, St. Cloud Times

Staffers look for retirement money

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