May 10, 2022
A union pension plan urged an Illinois federal judge to throw out a U.S. Department of Labor lawsuit accusing the fund's trustees of misusing $1.7 million of worker's retirement savings, saying the fund is not covered by federal law.
May 02, 2022
A benefits fund attorney asked an Illinois federal judge Friday to dismiss him from an Employee Retirement Income Security Act lawsuit filed by the U.S. Department of Labor against a multi-employer pension plan, saying he too had been misled by the fund and its trustees.
February 28, 2022
The U.S. Department of Labor accused a benefits trust, its fiduciaries and its former law firm Monday of using the fund's almost $22 million in assets for personal expenses, saying in an agency announcement that the defendants may be liable for $2.8 million in losses.