May 5, 1999

LABOR DEPARTMENT SUES TRUSTEES OF ELECTRICAL WORKERS PENSION FUND

Archived News Release — Caution: Information may be out of date.

The U. S. Department of Labor has sued trustees of the National Electrical Benefit Fund in Rockville, Md., for making an imprudent loan of over $6 million in pension assets and for an imprudent purchase of shares in a limited partnership in 1992 and 1993.

May 3, 1999

LABOR DEPARTMENT SUES HARRIS COUNTY 401(K) PLAN OFFICIAL FOR FAILURE TO FORWARD EMPLOYEE CONTRIBUTIONS TO PLAN

Archived News Release — Caution: Information may be out of date.

The U. S. Department of Labor sued a Harris County, Tex. company and its 401(k) plan official for failing to forward to the plan employee contributions withheld from their paychecks, resulting in losses to the participants of $6,986.

Defendants in the case include the Pin Oak Medical/Surgical Associates, located in Houston, the company owner Dr. Lynn R. Gibbs, who also was the plan trustee, and the plan.

April 27, 1999

MASSACHUSETTS PENSION OFFICIALS AGREE TO RESTORE MISUSED EMPLOYEE PENSION PLAN ASSETS TO SETTLE U.S. LABOR DEPARTMENT LAWSUITS

Archived News Release — Caution: Information may be out of date.

The trustee of two Lexington, Massachusetts-based employee benefit plans and two officers of the now-defunct Auto Engineering Limited Partnership of Lexington have agreed to restore a total of $115,000 to the company’s employee stock ownership plan (ESOP) in order to conclude several lawsuits filed by the U.S. Department of Labor.

April 26, 1999

Labor Department Sues Minneapolis Company, Retirement Plan Official For Violating Federal Pension Law

Archived News Release — Caution: Information may be out of date.

The U.S. Department of Labor today sued two Minneapolis-based companies and their retirement plan official for self-dealing violations of federal pension law which resulted in losses to the plan’s participants.

April 26, 1999

LABOR DEPARTMENT SUES PENNSYLVANIA PLAN OFFICIALS FOR FAILING TO REMIT EMPLOYEE CONTRIBUTIONS TO 401(K) PLAN

Archived News Release — Caution: Information may be out of date.

The U. S. Department of Labor has sued now-defunct Ro-Cel Electronics Inc. of Pittsburgh and the trustees of the company’s 401(k) plan for improperly failing to timely deposit employee contributions into the plan.

Ro-Cel, an electronic alarm and security firm, created the plan in 1994 to accept voluntary employee contributions and employer contributions. Although Ro-Cel ceased operations in 1997, the plan has not been terminated.

April 23, 1999

LABOR DEPARTMENT SUES OHIO EXECUTIVE OVER MISUSE OF 401(K) CONTRIBUTIONS

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

The U.S. Department of Labor has sued the owner of Columbus, Ohio-based TennOhio Transportation Co. for failing to deposit employee contributions into investment accounts of the company's 401(k) plan and keeping plan money in accounts of TennOhio and related companies.

April 21, 1999

News Release Archive: ESA Press Release: Frito-lay Inc. Agrees to Pay $225,000 in Back Wages to 233 Minority Applicants for Discrimination Found at Louisiana Plant

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: Frito-lay Inc. Agrees to Pay $225,000 in Back Wages to 233 Minority Applicants for Discrimination Found at Louisiana Plant [04/21/1999]

April 21, 1999

News Release Archive: ILAB Press Release: Labor Department Ends Review of Freedom of Association Complaint Against Canada

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

U.S. DEPARTMENT OF LABOR

Bureau of International Labor Affairs

ILAB Press Release: Labor Department Ends Review of Freedom of Association Complaint Against Canada [04/21/1999]

April 16, 1999

ERISA ADVISORY COUNCIL’S WORKING GROUPS TO TAKE TESTIMONY ON 1999 STUDY ISSUES

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

The Secretary of Labor’s Advisory Committee on Employee Welfare and Pension Benefit Plans will hold meetings for its three working groups on May 5 and 6. All sessions will be held at the Department of Labor’s Frances Perkins Building at 200 Constitution Avenue NW, Washington, DC, in Room N3437A-B.

April 8, 1999

ADVISORY COMMITTEE ON NEGOTIATED RULEMAKING TO HOLD PUBLIC MEETINGS

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

The U. S. Department of Labor’s ERISA Section 3(40) Negotiated Rulemaking Advisory Committee will hold public meetings on April 20 and 21 to continue its discussion of the process and criteria to be used in developing a proposed rule on whether an employee benefit plan is established or maintained under a collective bargaining agreement.

April 7, 1999

COURT APPOINTS INDEPENDENT TRUSTEE TO OPERATE FLORIDA 401(K) PLAN

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

A Federal District Court in Miami, Fla. has appointed an independent trustee to manage and terminate the 401(k) plan of Hollywood, Fla.-based Carolina Fitness Equipment, Inc. under a settlement agreement obtained by the U. S. Department of Labor.

April 1, 1999

Dallas Businessman Sentenced For Misappropriating Pension Assets

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

A Texas state court today ordered the owner of Dallas-based Programmed for Success to pay $4,044.30 in restitution, fined him $750 and sentenced him to12 months of probation for misappropriating pension contributions owed to the company’s retirement plan.

March 31, 1999

TRUSTEES OF HOWARD BEACH, NEW YORK TEAMSTERS UNION PENSION AND BENEFIT PLANS AND EMPLOYER SETTLE LABOR DEPARTMENT LAWSUIT OVER IMPROPER PAYMENT OF EXPENSES

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

The U. S. Department of Labor has obtained a consent order requiring the trustees of the pension, annuity, education and welfare funds of Local 363 of the International Brotherhood of Teamsters located in Howard Beach, N.Y., and TAP Electrical Contracting Service, Inc., a contributing employer to the plans, to pay more than $1.4 million to the funds as restitution for improper reimbursements made to contributing employers for legal expenses and back wages.

March 29, 1999

OWNERS OF HOUSTON COMPANY SUED OVER MISUSE OF PROFIT SHARING PLAN ASSETS

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

Superior Engine Rebuilding Co. of Houston and its owners have been sued by the U.S. Department of Labor for withdrawing more than $344,000 from the company’s profit sharing plan for use by themselves and to pay creditors of the company.

The Superior Engine Rebuilding Co. was formed in Houston to rebuild motor vehicular engines. The company’s profit sharing plan covered as many as 29 participants and had assets of $880,367 as of Jan. 31, 1992.

March 25, 1999

News Release Archive: ESA Press Release: "Salad Bowl" Growers Get the Message about Child Labor

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

U.S. DEPARTMENT OF LABOR

Employment Standards Administration

ESA Press Release: "Salad Bowl" Growers Get the Message about Child Labor [03/25/1999]

March 25, 1999

News Release Archive: ILAB Press Release: Labor Department Issues Report on Gains in Fight Against International Child Labor

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

U.S. DEPARTMENT OF LABOR

Bureau of International Labor Affairs

ILAB Press Release: Labor Department Issues Report on Gains in Fight Against International Child Labor [03/25/1999]

March 17, 1999

News Release Archive: ILAB Press Release: Herman Announces Major Grants to Fight Child Labor in Africa

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

U.S. DEPARTMENT OF LABOR

Bureau of International Labor Affairs

ILAB Press Release: Herman Announces Major Grants to Fight Child Labor in Africa [03/17/1999]

For more information call: (202) 219-8211

The U.S. is providing $7.5 million to fund programs to eliminate exploitative child labor in Africa. Secretary of Labor Alexis M. Herman announced the grants today in her keynote speech to the United States-Africa Ministerial.

March 15, 1999

Labor Department Reaches Court Settlement With Gmp Associates, President In Pension Case

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

March 15, 1999

Labor Department Sues Sutersville Lumber Company Pension Plan Officials And Investment Manager

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

The U.S. Department of Labor today filed a lawsuit against trustees of two pension plans sponsored by the Sutersville Lumber Company for violating federal pension law by transferring over $500,000 in profit sharing plan assets to the company to pay off a bank loan, which is guaranteed, to its employee stock ownership plan (ESOP).