DEPARTMENT OF LABOR SUES DEFUNCT EDGEWOOD, MD. COMPANY TO PROTECT PENSION PLAN PARTICIPANTS
October 22, 2007
October 22, 2007
EDGEWOOD, Md., Oct. 22 -- The U.S. Department of Labor's Employee Benefits Security Administration issued the following news release:
The U.S. Department of Labor has sued Tectonic Distributing Inc. of Edgewood, Maryland, and its trustee, Everett Walter Bell, for violating their fiduciary duty to the company's pension plan under the Employee Retirement Income Security Act (ERISA).
"Plan fiduciaries continue to have a responsibility to protect the interests of p . . .
The U.S. Department of Labor has sued Tectonic Distributing Inc. of Edgewood, Maryland, and its trustee, Everett Walter Bell, for violating their fiduciary duty to the company's pension plan under the Employee Retirement Income Security Act (ERISA).
"Plan fiduciaries continue to have a responsibility to protect the interests of p . . .