DEPARTMENT OF LABOR SUES FIDUCIARIES OF DADEVILLE, ALA. EMPLOYEE LEASING COMPANY TO RESTORE MORE THAN $200,000 TO PENSION PLAN
June 26, 2008
June 26, 2008
ATLANTA, June 26 -- The U.S. Department of Labor's Employee Benefits Security Administration issued the following news release:
The U.S. Department of Labor has sued Professional Employee Leasing Inc. in Dadeville, Alabama, Louie Sims and Judy Sims to recover more than $200,000 allegedly diverted by the defendants from the company's money purchase pension plan in violation of the federal Employee Retirement Income Security Act (ERISA).
"Theft from employee bene . . .
The U.S. Department of Labor has sued Professional Employee Leasing Inc. in Dadeville, Alabama, Louie Sims and Judy Sims to recover more than $200,000 allegedly diverted by the defendants from the company's money purchase pension plan in violation of the federal Employee Retirement Income Security Act (ERISA).
"Theft from employee bene . . .