February 14, 2006

Labor Department Sues Officers of Hudson, Ohio, Business To Recover 401(k) Plan Losses

Archived News Release — Caution: Information may be out of date.

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.

February 13, 2006

U.S. Labor Department Sues Former President of Detroit Company To Restore Employee Contributions to 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Detroit, Michigan - The U.S. Department of Labor sued the former president and part-owner of Accutek Services Inc, Detroit, Michigan, to restore losses suffered by the company’s 401(k) plan when he failed to remit employee contributions, used plan assets to operate the company and failed to administer the plan.

February 13, 2006

Assistant Secretary of Labor Addresses Grand Rapids Benefits Professionals

Archived News Release — Caution: Information may be out of date.

Grand Rapids, Michigan - U.S. Assistant Secretary of Labor Ann L. Combs spoke to members of the American Society of Pension Professionals and Actuaries (ASPPA) in Grand Rapids, Michigan, today to highlight the Bush Administration’s priorities to encourage retirement security and make healthcare more affordable for American workers, retirees and their families.

February 9, 2006

Labor Department Hosts EU-US Information Exchange
On Disability Employment Issues and Trends

WASHINGTON-Innovations such as high technology vehicles for wheel chair users in Europe and new information technologies that level the playing field for working people with disabilities on both sides of the Atlantic were among many topics covered during a meeting here this week of government and private sector officials from the European Union and the United States.

February 9, 2006

Labor Department Legal Action Restores Delinquent Contributions to Toledo Company’s Pension Plan

Archived News Release — Caution: Information may be out of date.

Cincinnati, Ohio - The U.S. Department of Labor has recovered $42,372.21 in employee contributions that were deducted from workers’ pay at A.C. Leadbetter & Sons Inc., Toledo, Ohio, but were never forwarded to the company’s pension plan. The figure includes $4,089.21 in interest on the delinquent contributions.

February 9, 2006

U.S. Labor Department Obtains Appointment of Independent Fiduciary for Abandoned Latham, New York, 401(k) Plan

Archived News Release — Caution: Information may be out of date.

Albany, New York - The U.S. Department of Labor has obtained a federal court order appointing an independent fiduciary to manage the abandoned 401(k) plan originally sponsored by Green Appliances Inc., Latham, New York.

February 8, 2006

Labor Department Announces Web Page and Media Registration for 2006 SAVER Summit

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

Washington, DC - Today, the U.S. Department of Labor announced a new Web page of up-to-date activities in connection with the 2006 National Summit on Retirement Savings. The Summit will take place March 1-2 at the Willard Intercontinental Hotel, 1401 Pennsylvania Avenue, NW, Washington, DC.

February 8, 2006

U.S. Labor Department Obtains Settlement Restoring Funds to Profit Sharing Plan of Defunct Charleston Business

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

February 7, 2006

Labor Department Sues Officer of Oakland County Business For Failing to Properly Administer 401(k) Plan

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

Detroit, Michigan - The U.S. Department of Labor has sued former president of now-defunct Application Technology Group Inc., Oakland County, Michigan, for failing to terminate the company’s 401(k) plan so that assets could be distributed to plan participants.

February 7, 2006

Labor Department Obtains Appointment of Independent Fiduciary for Abandoned New York 401(k) Plan

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

New York, New York - The U.S. Department of Labor has obtained a federal court order appointing Jacqueline Carmichael as the independent fiduciary to manage the abandoned 401(k) plan of IFrame, Inc., New York, New York.

February 7, 2006

Labor Department Sues Defunct Pittsburgh Company Over 401(k) Retirement Savings Plan Violations

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

Philadelphia, Pennsylvania - The U.S. Labor Department sued Expert Dry Wall Company Inc. and its president Valerie Kelly for transferring plan assets to Kelly and her sister from the company’s 401(k) savings plan and other violations. The company ceased operations October 2001.

February 6, 2006

Careerbuilder.com Pays Over Half Million to Resolve
Alleged Overtime Violations of Federal Wage Law

CHICAGO — Internet employment recruiter Careerbuilder.com, headquartered in Chicago, has paid $524,216 to 677 workers to resolve allegations of overtime pay violations of the Fair Labor Standards Act (FLSA) brought by the U.S. Department of Labor's Wage and Hour Division.

"We have recovered over half-a-million dollars for these workers," said Secretary of Labor Elaine L. Chao. "We are committed to ensuring that workers are paid all the wages they have earned."

February 6, 2006

Labor Department Obtains Nearly $530,000 in Back Pay and Damages for Employees of Baltimore Organization

BALTIMORE — A federal district court has ordered Self Pride Inc. of Baltimore, Md., and its president, executive director and chief executive officer to pay $372,664 in overtime back wages to 392 current and former employees following a trial before U.S. District Court Judge Richard D. Bennett. The court also ordered Self-Pride to pay $155,240 in liquidated damages.

February 2, 2006

Labor Department Updates Exemptions Permitting Transactions With Financial Institutions and Insurers

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

February 1, 2006

Labor Department Obtains Appointment of Independent Fiduciary for Abandoned Buffalo, N.Y., Retirement Plan

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

Buffalo, New York - The U.S. Department of Labor has obtained a federal court order appointing an independent fiduciary to manage the abandoned retirement plan of the Geneva B. Scruggs Community Health Care Center of Buffalo.

January 31, 2006

U.S. Labor Department Sues to Appoint Independent Trustee for Abandoned White Plains, N.Y., 401(k) Plan

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

New York, New York - The U.S. Department of Labor has filed suit in the U.S. District Court for the Southern District of New York to appoint an independent fiduciary to administer the abandoned 401(k) plan originally sponsored by WP Ford LLC of White Plains, New York.

January 31, 2006

Labor Department Sues Owner of Defunct Minnesota Firm To Protect 401(k) Employee Contributions

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

Minneapolis, Minnesota - The U.S. Department of Labor has filed an adversary complaint against Donald O. Sachs, president and sole owner of The Stitchery Studio Inc., Burnsville, Minnesota. The suit seeks to prevent Sachs from discharging a debt of $1,218.62 owed to the company’s 401(k) plan.

January 26, 2006

U.S. Labor Department Sues to Appoint Independent Trustee for Abandoned Latham, New York, 401(k) Plan

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

Albany, New York - The U.S. Department of Labor has filed suit in the U.S. District Court for the Northern District of New York to appoint an independent fiduciary to administer the abandoned 401(k) plan originally sponsored by Green Appliances Inc. of Latham, New York.

January 26, 2006

Labor Department Sues Owners of Fairfield County, Ohio, Business To Restore Delinquent Contributions to Company’s 401(k) Plan

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

Chicago, Illinois - The U.S. Department of Labor sued Rodney G. Stepleton and Eddie E. Ruble, owners of Stepleton & Ruble Steel Inc., Baltimore, Ohio, for failing to forward employee contributions to the company’s pension plan and to segregate plan contributions from the general operating assets of the company, as part of a lawsuit alleging violations of the Employee Retirement Income Security Act (ERISA).