Featured Jobs
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
Sentinel Group
|
|
MAP Retirement
|
|
Regional Vice President, Sales MAP Retirement
|
|
Pension Investors Corporation
|
|
Pattison Pension
|
|
MAP Retirement
|
|
401K Safe
|
|
Retirement Relationship Manager MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
3(16) Retirement Plan & Customer Liaison Compass
|
|
401K Safe
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
DOL Settles ESOP Case Alleging Undervaluation When Distributions Made
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Oct. 1, 2002
Press release. Excerpt: A lawsuit filed in federal district court here by the U.S. Department of Labor's against the Dayton, Kentucky-based RADAC Corp. and company officials has been resolved in the department's favor.... According to the department's suit, RADAC Corp. and company officials terminated the ESOP and distributed plan assets to participants other than themselves using an independent appraisal that allegedly valued RADAC stock held by the plan at less than its fair market value.
|
| 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). |