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Atlanta, Georgia - A U.S. Department of Labor lawsuit has resulted in a court judgment ordering the CEO of now-bankrupt D&S Consulting Engineering Inc., Decatur, Alabama, to restore $66,128 to the company’s 401(k) plan.

Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

Boston, Massachusetts - The U.S. Department of Labor has sued the president of now-defunct One Source Computer Corporation, Framingham, Massachusetts, seeking restoration of funds to the company’s 401(k) plan.

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Cleveland, Ohio - The U.S. Department of Labor has sued Harold Hopkins and Linda Hopkins, officers of Vista Financial Group Inc., Hudson, Ohio, in federal district court in Cleveland to recover 401(k) plan losses that resulted from fiduciary breaches by the Hopkins. Circle Trust Company also is named in the lawsuit because it is custodian of the plan’s assets.

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Atlanta, Georgia - The U.S. Department of Labor has sued the fiduciaries of Rehab Consultants Inc. (RCI), Jefferson, Georgia, for making improper loan payments from the company’s employee stock ownership plan (ESOP) to parent company Rehab Consultants of Florida (RCF) and then abandoning the plan.

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Philadelphia, Pennsylvania - The U.S. Labor Department has sued Austin James Associates Inc. (AJA), Pocono Pines, Pennsylvania, and its president, Curtis M. Herman, for failing to forward or timely remit employees’ contributions to the company’s 401(k) savings plan.

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Nashville, Tennessee - A seminar to assist employers, pension plan administrators and other benefits professionals comply with federal employee benefits law will be held April 26 in Nashville at the Doubletree Guest Suites Airport, 2424 Atrium Way. The event is sponsored by the Atlanta office of the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA).

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Cleveland, Ohio - The U.S. Department of Labor has obtained a settlement permanently barring Harold Hopkins and Linda Hopkins, Hudson, Ohio, former trustees of the Vista Financial Group Inc. 401(k) Plan, from serving as fiduciaries to employee benefit plans governed by the Employee Retirement Income Security Act.

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Alexandria, Virginia - The U.S. Department of Labor has obtained a consent judgment requiring Therapy Management Services Inc. of Alexandria, Virginia, and its president, Brenda Hunt, to restore $32,899 to the company’s 401(k) plan.

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San Francisco, California - The U.S. Department of Labor has sued three former senior executives of Irvine-based Esynch Corporation for failing to collect delinquent employer contributions and failing to forward employee contributions to the company’s 401(k) plan. The business currently operates under the name of Mergence Corporation, also headquartered in Irvine.

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Philadelphia, Pennsylvania - A federal district court in Philadelphia has granted a motion by the U.S. Department of Labor to incarcerate John J. Koresko of Bridgeport, Pennsylvania, for failing to produce documents requested by administrative subpoenas.

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Boston, Massachusetts - The U.S. Department of Labor has sued the president of now-defunct e-tel Corp., West Warwick, Rhode Island, seeking restoration of funds to the company’s 401(k) plan.

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St. Louis, Missouri - The U.S. Department of Labor has filed a lawsuit in the U.S. District Court for the Eastern District of Missouri to appoint an independent fiduciary to administer the abandoned 401(k) plan originally sponsored by Dave Godat Auto Body Inc. of Manchester, Missouri.

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San Francisco, California - The U.S. Department of Labor has reached agreement with a now-defunct Reno company and its bonding firm to restore $167,530 owed to the bankrupt firm’s 401(k) plan. The action resolves all complaints by the Labor Department against Lodging & Gaming Systems Inc. (LGS), which develops software for casinos and hotels.

WASHINGTON — Secretary of Labor Elaine L. Chao addressed a crowd of delegates representing the retirement savings and financial communities today to kick off the 2006 National Summit on Retirement Savings.

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San Francisco, California - A U.S. District Court in Los Angeles ordered two former owners of Chatsworth, California-based, Simon Brothers Precision Machining to restore nearly $70,000 in delinquent employee contributions and loan repayments to the company’s 401(k) and health plans. The action resolves a lawsuit filed by the U.S. Labor Department last June to restore assets for 50 former employees of the company.

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Washington, DC - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is again extending the deadline for filing the Form 5500 series annual returns/reports to Aug. 28, 2006. This additional reporting relief is being granted to filers in 31 parishes in Louisiana, 46 counties in Mississippi and 11 counties in Alabama.

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Washington, DC - U.S. Secretary of Labor Elaine L. Chao today announced the agenda of the 2006 National Summit on Retirement Savings that will be held March 1-2, at the Willard Intercontinental Hotel in Washington, DC. The Summit will focus on “Saving for Your Golden Years: Trends, Challenges and Opportunities.”

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Oklahoma City, Oklahoma - U.S. Assistant Secretary of Labor Ann L. Combs spoke to members of Women Impacting Public Policy (WIPP) in Oklahoma City, Oklahoma, today to highlight the Bush Administration’s priorities to make healthcare more affordable for American workers, retirees and their families.

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