“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Pension Plan Trustee Sued for Making Improper Loans to Sponsoring Employer
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Dec. 20, 2000
"The [DOL] has filed a lawsuit alleging that Wade & Sons, Inc. and its owner improperly transferred funds from the company's profit sharing plan, thereby resulting in more than $146,600 in losses to the plan."
|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 link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|