An employer matches with company stock that is restricted. EEs can't sell or diversify unless they die, become diabled, retire, or terminate.
The stock price has fallen from $6 to $2 7/8 in one year.
The employer believes "we don't even have to match, so what's the problem if the stock price falls?"
What is the employer's liability for thinking this way?
Are there existing cases of employee suits against employers for being held captive by a match that cannot be changed and losses value daily?