US Labor Department sues Douglasville, Pennsylvania, dentist to restore employee contributions to retirement plan

Date of Action: Jan. 14, 2015

Name(s) of Defendant: Lisa A. Ferrari, DMD; Clifton Casey; Lisa A. Ferrari, DMD, LLC; and Lisa A. Ferrari, DMD, LLC Retirement 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 the following:

From January 2009 through July 2012, plan fiduciaries, Ferrari, Casey, and the company, failed to ensure that more than $20,000 in employee contributions and interest were remitted to the plan. Instead, employee monies were commingled with the general assets of the company.

Resolution: The department is asking the court to direct the defendants to restore all losses plus interest to the plan, and permanently enjoin Ferrari, Casey, and the company from serving as fiduciaries or service providers to any plan covered by the Employee Retirement Income Security Act of 1974.

Court: United States District Court for the Eastern District of Pennsylvania

Docket Number: cv-15-160-JLS

U.S. Department of Labor news materials are accessible at www.dol.gov. The department’s Reasonable Accommodation Resource Center converts departmental information and documents into alternative formats, which include Braille and large print. For alternative format requests, please contact the department at (202) 693-7828 (voice) or (800) 877-8339 (federal relay).