Date of Action: April 20, 2015

Type of Action: Civil Complaint

Names of Defendants: Lance Silva, National Upholstering Company, Inc., and the National Upholstering Company 401(k) Plan

LOS ANGELES – The U.S. Department of Labor has filed a lawsuit against the fiduciaries of the City National Corp. Profit Sharing Plan. Filed in the U.S. District Court for the Central District of California Western Division, the lawsuit alleges that the plan lost more than $4 million when fiduciaries engaged in self-dealing and conflicted transactions involving plan assets when they caused the plan to pay excessive fees to City National Bank and its affiliates.

Date of Action: April 20, 2015

Name(s) of Defendants: Stephen Scott Danby, Jr.; Danby Lumber and Millwork Company, Inc.; Danby Lumber and Millwork Company, Inc. 401(k) Profit Sharing Plan

Date of Action: April 21, 2015

Type of Action: Consent Judgment and Order

Names of Defendants: Butte Steel & Fabrication Inc.; Jeffrey Brochheuser; and the Butte Steel & Fabrication Inc. 401(k) Profit Sharing Plan

Date of Action: April 16, 2015

Name(s) of Defendants: Brian Hicks, Trojan Horse LTD; Capitol Expressways Inc.; Glen Burnie Hauling Inc.; BDH Logistics LLC; and Trojan Horse LTD 401(k) plan.

Allegations: Based on an investigation conducted by the U.S. Department of Labor’s Employee Benefits Security Administration, the Secretary of Labor filed a complaint alleging:

Date of Action: April 17, 2015

Type of Action: Complaint and Consent Judgment

Name(s) of Defendant(s): Robert W. Lewis, Kristie L. McDonald, Enterworks Inc. and Enterworks Inc. Shared Savings Plan

Allegations: Based on an investigation conducted by the U.S. Department of Labor’s Employee Benefits Security Administration, the Secretary of Labor filed a complaint alleging:

WASHINGTON — The U.S. Department of Labor has released a proposed rule that will protect 401(k) and IRA investors by mitigating the effect of conflicts of interest in the retirement investment marketplace. A White House Council of Economic Advisers analysis found that these conflicts of interest result in annual losses of about 1 percentage point for affected investors — or about $17 billion per year in total.

Date of Action: March 27, 2015

Type of Action: Complaint

Names of Defendants: James H. Carmichael, The Specialty Restaurant Group LLC 401(k) Plan, and The Specialty Restaurant Group LLC Group Health Plan

Date of Action: March 19, 2015

Type of Action: Amended Consent Judgment and Order

Names of Defendant: Fletcher-Thompson, Inc. Savings Plan and Michael S. Marcinek, in their capacities as fiduciaries of the Fletcher-Thompson Inc. Savings Plan

Date of Action: March 19, 2015

Type of Action: Amended Consent Judgment and Order

Names of Defendant: Fletcher-Thompson, Inc. Savings Plan and Michael S. Marcinek, in their capacities as fiduciaries of the Fletcher-Thompson Inc. Savings Plan

Date of Action: March 24, 2015

Type of Action: Consent Judgment and Order

Name of Defendants:  Holden Sand & Gravel, Joseph Montalto, fiduciary for the Holden Sand and Gravel SIMPLE IRA Plan.

WASHINGTON — The Bank of New York Mellon has agreed to repay $84 million to employee benefit plan customers who were victimized through the bank's "standing instruction" foreign exchange trading program. The agreement was reached as part of a larger settlement that resolves private lawsuits against the bank as well as suits brought by the U.S. Department of Justice and the New York State Attorney General.

Date of Action: March 19, 2015

Type of Action: Amended Consent Judgment and Order

Names of Defendant: Fletcher-Thompson, Inc. Savings Plan and Michael S. Marcinek, in their capacities as fiduciaries of the Fletcher-Thompson Inc. Savings Plan

WASHINGTON – The U.S. Department of Labor's Employee Benefits Security Administration has announced a direct final rule that provides a two-month grace period for participant-directed individual account plans (e.g., 401(k) plans) to provide annual investment and plan-related information to participants.

Date of Action: January 23, 2015

Type of Action: Complaint

Names of Defendants: Northampton Motor Classics LLC and Andrew Feuerstein

WASHINGTON — The U.S. Departments of Labor, Health and Human Services, and Treasury have published final rules to amend the definition of excepted benefits to include certain limited coverage that wraps around individual health insurance. Such coverage would have to be specifically designed to provide meaningful benefits such as coverage for expanded in-network medical clinics or providers, reimbursement for the full cost of primary care, or coverage of the cost of prescription drugs not on the formulary of the primary plan.

NEW YORK – Accurate company valuations are critical when it comes to establishing an Employee Stock Ownership Plan. Too often, company owners seek to inflate the price to benefit themselves at the expense of workers. The U.S. Department of Labor alleges that this is what Dr. Roy Geronemus, owner of the Manhattan-based Laser and Skin Surgery Center of New York, and plan trustee Samuel Ginsberg did when they created the Laser Skin and Surgery Center Employee Stock Ownership Plan in 2009.

NEW YORK — Accurate company valuations are critical when it comes to establishing an Employee Stock Ownership Plan. Too often, company owners seek to inflate the price to benefit themselves at the expense of workers. The U.S. Department of Labor alleges that this is what Dr. Roy Geronemus, owner of the Manhattan-based Laser and Skin Surgery Center of New York, and plan trustee Samuel Ginsberg did when they created the Laser Skin and Surgery Center Employee Stock Ownership Plan in 2009.

Date of Action: March 9, 2015

Type of Action: Consent Judgment and Order

Name of Defendant: Electronic Business Solutions Inc.

Date of Action: March 9, 2015

Type of Action: Judgment to permanently enjoin from serving as a fiduciary to any retirement benefit plan subject to the Employee Retirement Security Income Act of 1974 and from violating the act.

Name(s) of Defendant: Alvin Martin Mavis