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2014-08-29 20:21:56

INDIANAPOLIS, Aug. 29, 2014 /PRNewswire/ -- AIT Laboratories (AIT), a national leader in advanced toxicology laboratory services, issued the following statement today regarding the U.S. Department of Labor's lawsuit filed regarding the creation of AIT's Employee Stock Ownership Plan (ESOP): "AIT Laboratories regrets to learn of the lawsuit filed by the Department of Labor (DOL) involving the ESOP creation in 2009. The DOL alleges that the price paid by the ESOP in 2009 was too high....


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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