AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Bates & Company, Inc.
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Regional Vice President of Sales The Retirement Plan Company
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Fairfield, Connecticut, Company and Officers Charged in DOL Lawsuit with Misuse of Employee Pension Plan Funds
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] Mar. 15, 2000 "We charge in our suit that [the retirement plan sponsor's president and vice president] caused the pension plan to loan to [the plan sponsor] at least $484,800 in plan assets, which loan has never been repaid. We further allege that both defendants caused the plan to distribute at least $158,050 in plan assets to [the plan sponsor's president], in violation of the plan's own rules." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |