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Second Circuit: ERISA Anti-Alienation Provision Does Not Protect 401(k) of Shkreli Co-Conspirator Lawyer
Bloomberg Law Aug. 24, 2022 "A former Katten Muchin Rosenman LLP lawyer convicted of conspiring with Martin Shkreli to commit securities fraud can be forced to put part of his $921,000 retirement accounts toward his $10.4 million restitution order, the Second Circuit ruled ... In allowing portions of Greebel’s retirement accounts to be garnished, the Second Circuit acted in line with earlier decisions by the Fourth and Ninth circuits." [United States v. Greebel, No. 21-993 (2d Cir. Aug. 24, 2022)] |
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