News

October 10, 2017

New fiduciary rule guidance from US Labor Department

WASHINGTON – Fiduciary rule guidance for financial advisors, retirement plan sponsors, and individual workers and retirees has been published on the U.S. Labor Department’s website. This […]
October 9, 2017

US Labor Department, PBGC partnership recovers almost $1.5M for participants in two Chicago-based pension benefit plans

CHICAGO – A partnership between the U.S. Department of Labor’s Employee Benefits Security Administration and the Pension Benefit Guaranty Corporation has recovered almost $1.5 million for […]
October 9, 2017

Court orders Florida manufacturer to repay profit-sharing plan

Type of Action: Consent order and judgement Names of Defendants: Andrea Lynn McCarthyLisa HallTruss Systems LLCTruss Systems LLC Profit Sharing Plan Allegations: The U.S. Secretary of […]
October 8, 2017

US Labor Department to publish Request for Information on fiduciary rule

WASHINGTON – The U.S. Department of Labor has published a Request for Information related to the fiduciary rule. The RFI is an opportunity for the public […]
October 8, 2017

Arkansas man sentenced to 12 years in prison for defrauding investors

FORT SMITH, ARKANSAS – A fraud investigation by the U.S. Department of Labor’s Employee Benefits Security Administration, the FBI, and the Department of Health and Human […]
October 7, 2017

Ohio man sentenced to 180 months in prison for $70M Ponzi scheme

DAYTON – A multi-agency federal and state investigation has led to the guilty plea and imprisonment of Ohio businessman William M. Apostelos, who orchestrated a Ponzi […]
October 7, 2017

Court orders trustee to repay profit-sharing plan of Tennessee construction equipment company

Type of Action: Consent order and judgement Names of Defendants: Ditch Witch Equipment of Tennessee Inc.Aubrey Needham Allegations: Based on an investigation conducted by the Employee Benefits Security […]
October 6, 2017

Manager of health care network to reimburse plans for fees

NEW YORK – The U.S. Department of Labor and a third-party administrator that provides employee health benefit plans with access to a network of doctors, hospitals […]
October 6, 2017

Court Orders $5M to Be Restored to Employee Stock Ownership Plan

NEW YORK, NY – The U.S. Department of Labor has reached an agreement with the owner of a Manhattan laser surgery center to pay $5 million […]
October 5, 2017

U.S. Department of Labor Extends Nominations Period for 2018 ERISA Advisory Council

WASHINGTON, DC – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is soliciting nominations to fill five, three-year vacancies on the Advisory Council on Employee […]
October 5, 2017

U.S. Department of Labor Issues Compliance Guidance For Employee Benefit Plans Impacted by Hurricane Harvey

WASHINGTON, DC – The U.S. Department of Labor has announced an update on employee benefit plan compliance for those impacted by Hurricane Harvey. “Our deepest and […]
September 26, 2017

Ask the Experts: Salary Nondisclosure Agreements

Question: We’d like to have employees sign a documented policy saying that they will not discuss their pay with current or past employees or with others […]
July 2, 2018

New York Employment Law Update – July 2018

July 2nd, 2018 Westchester County and Salary History On March 26, 2018, the County Board of Westchester County, New York passed a resolution making it an […]
July 2, 2018

New Hampshire Employment Law Update – July 2018

July 2nd, 2018 Implanting of Subcutaneous Identification Devices in Individuals On June 12, 2018, New Hampshire Governor Chris Sununu signed legislation (H.B. 1372) prohibiting the implanting […]
July 2, 2018

Georgia Employment Law Update – July 2018

July 2nd, 2018 Hands Free Law – Distracted Driving On May 2, 2018, Georgia Governor Nathan Deal signed legislation (H.B. 673) with the following restrictions on […]
July 2, 2018

Idaho Employment Law Update – July 2018

July 2nd, 2018 Noncompete Agreements and Rebuttable Presumptions On March 28, 2018, Idaho Governor Butch Otter signed legislation (S.B. 1287) removing the rebuttable presumption that irreparable […]