EEOC sues Scheels All Sports over ESOP rule alleged to be age-based
Key points
- EEOC sued Scheels All Sports on Sept. 30, 2026
- It alleges an ESOP amendment requires employees aged 40 or older with fewer than 1,000 hours to divest vested shares
- The allegations have not been adjudicated
On Sept. 30, 2026, the U.S. EEOC sued Scheels All Sports, Inc. in the U.S. District Court for the District of Nevada. It alleges the company amended its ESOP to require employees aged 40 or older who worked fewer than 1,000 hours in a year to divest vested shares, while younger employees were not, in violation of the ADEA. The allegations have not been adjudicated.
What employers should do
- Review whether ESOP terms treat employees differently based on age or hours worked
Policy details
- Jurisdiction
- Federal
- Status
- Enforcement action
- Effective date
- —
- Employers covered
- ESOP companies
- Official source
- View official source ↗
Original report: The National Law Review ↗Edited with AI assistance. Facts are based on official sources and original reports. For information only; not legal, immigration or insurance advice.