Aaron Shapiro'sfirm cleared a regulatory hurdle in December, when the IRSdetermined that companies can let employees benefit from CarverEdison's loans without jeopardizing the tax-exempt status of theirESPPs. (Photo: Bloomberg)
(Bloomberg) –Aaron Shapiro's quest to rethink employee stockpurchase plans began with a startling insight: If only his motherhad participated in one, she'd be a millionaire today.
A few years ago, she asked her son for financial advice andmentioned her employer's ESPP, which she didn't understand. SoShapiro, 26, who got his finance degree from Babson College, duginto the prospectus.
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