@myst4au wrote:
38% of the company is employee-owned through an ESOP. I have friends who are kicking themselves for selling back their stock (they didn't have to do that) when they worked part-time as a cashier or deli clerk while in high school or college 30 years ago.l
@maverick1 wrote:
They are a private company.
"In _____ latest settlement with aggrieved former workers, the firm has agreed to pay $21.6 million to as many as 10,000 retirees and their lawyers to settle a complaint that the chain unfairly forced them to sell shares they had been promised as retirement savings." [The family kept a slight majority ownership in part by forcing employees to relinquish their stock to prevent dilution. I've been to employee annual gatherings. A friends brother was a senior mgr with multiple homes, cars, boats.]
Edited 1 time(s). Last edit at 10/21/2023 10:39PM by maverick1.