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DOL Recovers $4.95 Million for Plan from Trustees
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Oct. 22, 2001 "On May 5, 1999, the department sued the trustees for imprudently loaning plan assets to Columbia Land and Development Corporation to acquire and develop land in Orlando, Fla., known as Country Run. The Department alleged that the trustees should have known that the loan could not be repaid in full with interest." MORE >> |
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