DoL Sues over Abandoned Plan
March 16, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has sued a now-defunct company with allegations it walked...
Tag: Department of Labor (DOL)
WI Businessman Sued for Diverting Profit Sharing Plan Assets
March 9, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has sued Coin Builders LLC of Wisconsin Rapids and...
SURVEY SAYS: What's Your Favorite PSNC Topic?
February 24, 2011 (PLANSPONSOR.com) - Hopefully you’ve noticed that we’ve posted up the agenda (and registration) for the PLANSPONSOR National Conference.
DoL Releases Fiduciary Definition Hearing Agenda
February 18, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has released a meeting agenda for its public hearing...
Judge Declares Plan Trustees Liable for Nearly $1M in Diverted Funds
February 17, 2011 (PLANSPONSOR.com) – A federal judge in Connecticut has ruled that both trustees of the James T. Farrell...
DoL Seeks $1M from Houston Oil Companies for Disputed OT Payments
February 11, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has announced the filing of a lawsuit alleging two...
DoL Obtains Restitution for Arkion Life Sciences 401(k) Plan
February 10, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor has obtained a consent judgment ordering Arkion Life Sciences LLC...
DoL Started Attorney Referral System for FLSA Claims
February 7, 2011 (PLANSPONSOR.com) - Beginning on December 13, 2010, when Fair Labor Standards Act or Family and Medical Leave...
Fiduciary Expansion Proposal Could Hurt ESOPs: Commenters
January 19, 2011 (PLANSPONSOR.com) – Two of those offering public comment to the U.S. Department of Labor (DoL) about its...
New Definition of Fiduciary, a Litigation Nightmare?
January 19, 2011 (PLANSPONSOR.com) – In comments to the Department of Labor (DoL) regarding the proposed change to the definition...
EBSA Extends Comment Period on Definition of Fiduciary
January 12, 2011 (PLANSPONSOR.com) – In its formal notice of a hearing regarding its proposed changes to the definition of...
Fees the Focus of EBSA Regulatory Agenda
January 4, 2011 (PLANSPONSOR.com) – In a live Web chat discussing the pension initiatives appearing in the Department of Labor’s...
2008 5500 Filings Track DB, DC Plan Trends
December 31, 2010 (PLANSPONSOR.com) – A review of the Form 5500 filings from 2008 confirms what even...
Investment Firm Ordered to Restore $1M to Union Pension Fund
December 13, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor has gotten a court order requiring C.S. Capital Management Inc....
DoL Calls for Stock Drop Ruling Reversal
December 10, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) has asked a federal appeals court to overturn a...
DoL Disputes Home Depot’s Win in Stock Drop Suit
December 10, 2010 (PLANSPONSOR.com) – In an Amicus Brief, the U.S. Department of Labor said a court that cleared Home...
Company Exec Sentenced for Embezzling Retirement Funds
December 1, 2010 (PLANSPONSOR.com) - Gary L. Merritt, vice president of Bemcore Inc. of Dayton, Ohio, has been sentenced by...
DoL Sues Trustee for Misuse of Plans’ Assets
November 29, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor has sued trustee Colette Mordo for alleged misuse of more...
EBSA Unveils Target-Date Disclosure Proposal
November 29, 2010 (PLANSPONSOR.com) – Federal regulators on Monday released a long-awaited rule to require more disclosures about target-date funds.
EBSA Releases DB Funding Notice Proposed Rule
November 17, 2010 (PLANSPONSOR.com) – Federal regulators have released a proposed rule clarifying section 101(f) of the Employee Retirement Income...