News

September 26, 2017

Federal Employment Law Update-September 2017

Minimum Wage for Federal Contractors On September 15, 2017, the U.S. Department of Labor released the 2018 minimum wage rate for federal contractors as required by […]

September 15, 2017

U.S. Department of Labor Extends Hurricane Harvey Compliance Guidance and Relief to Employee Benefit Plans Impacted by Hurricane Irma

WASHINGTON, DC – The U.S. Department of Labor announced employee benefit plan compliance guidance and relief for victims of Hurricane Irma that parallels that which it already […]

August 31, 2017

U.S. Department of Labor Proposes Additional Extension Of Transition Rule Period for Fiduciary Rule Exemptions

WASHINGTON, DC – The U.S. Department of Labor has announced a proposed 18-month extension from January 1, 2018, to July 1, 2019, of the special transition period for the […]

March 1, 2017

US Labor Department proposes extension to fiduciary rule applicability date

WASHINGTON – The U.S. Department of Labor has announced a proposed extension of the applicability dates of the fiduciary rule and related exemptions, including the Best […]

January 17, 2017

US Labor Department files lawsuit to recover employees’ contributions for participants in two Passages Hospice benefit plans

Date of Action: Jan. 17, 2017 Type of Action: Employee Retirement Income Security Act lawsuit Names of Defendants: Sandor Szajkovics Passages Hospice LLC Passages Hospice LLC […]

January 10, 2017

US Labor Department sues Colorado alarm monitoring company, CEO and fiduciary to recover $82K in missing retirement, health plan contributions

Date of Action: Jan. 6, 2017 Type of Action: Lawsuit to recover missing retirement and health plan funds Name of Defendant(s): Central Security Communications Inc. Chief […]

January 5, 2017

US Labor Department sues First Bankers Trust Services, Inc., Sonnax Industries, Inc. and its owners, to recover losses to Vermont ESOP

MONTPELIER, Vt. – The U.S. Department of Labor is suing the fiduciaries of a Vermont employee stock ownership plan for violations of the Employee Retirement Income […]

December 28, 2016

US Labor Department provides updated guidance on proxy voting by employee benefits plans

WASHINGTON – The U.S. Department of Labor’s Employee Benefits Security Administration announced today updated guidance for plan fiduciaries with respect to proxy voting. Specifically, the agency […]

December 23, 2016

Suit seeks funds owed to retirement plan of Maryland company

Date of Action: Dec. 21, 2016 Type of Action: Complaint Name(s) of Defendant(s): Larry Porter, Susan Porter, SeaBoard Management LLC, SeaBoard Management Inc., and SeaBoard Management […]

December 19, 2016

New ERISA safe harbor for municipally sponsored IRAs

WASHINGTON – Increasing access to retirement savings opportunities is the surest way to help more of America’s workers secure their financial futures. Today, the U.S. Department […]

December 19, 2016

US Labor Department files lawsuit to appoint independent fiduciary to administer 401(k) plan after Los Angeles-area hotel ceased operations

Date of action: Dec. 15, 2016 Type of action: Complaint Name of defendants: Urban Hotels Inc., doing business as LAX Plaza Hotel Urban Hotels 401(k) Plan […]

December 16, 2016

US Labor Department adds important protections to ensure fairness, transparency and accuracy of disability benefits claims process

WASHINGTON – It can be challenging for workers seeking disability benefits from an employer-sponsored plan to understand the process and why their claim is approved or […]

July 2, 2018