Settling the Standard for Prudence? Fall Brings New Guidance for ESOP Trustees By Erin Turley, Allison Wilkerson, J. Christian Nemeth, Emily Rickard, Rick Stepanovic & McDermott Will & Emery on December 5, 2017 Email this postTweet this postLike this postShare this post on LinkedIn Through a series of recent settlements, the US Department of Labor has outlined the process steps fiduciaries should follow in connection with a transaction involving a purchase from, or sale to, an employee stock ownership plan. Continue Reading.