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Release Date: March 31, 1999
Release
Number: NY 123
Contact Name: GLORIA DELLA
Phone Number:
(202) 219-8921 |
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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. |
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Under the court order, trustees Anthony Cardillo and Eugene Iovine
have been removed from their positions with the plan and along with trustees
Patrick Bellantoni and Joseph Canizio are barred for 10 years from serving as
fiduciaries of employee benefit plans governed by the Employee Retirement
Income Security Act (ERISA). |
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In earlier court actions, Thomas J. Carlough was removed from his
position with the plan and Douglas Windle was permanently barred from serving
as trustee to any plan covered by ERISA. |
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These court actions resolve a lawsuit filed by the Labor
Department in November 1992 against five fund trustees for allegedly
transferring money to several contributing employers, including the TAP
Electrical Contracting Services, Inc., to compensate them for legal expenses
and back wages. Fund director Carlough, who allegedly received excessive
reimbursement for conference and restaurant expenses, previously agreed to have
a consent judgment entered against him. |
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The consent order, entered in federal district court in Brooklyn,
New York, resulted from an investigation conducted by the New York Regional
Office of the department’s Pension and Welfare Benefits Administration
into alleged violations of ERISA. |
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(Herman v. Cardillo)
Civil Action No. CV-92-5358 |
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U.S. Department of
Labor news releases are accessible on the Internet. The information in this
news release will be made available in alternate format upon request (large
print, Braille, audio tape or disc) from the Central Office for Assistive
Services and Technology. Please specify which news release when placing your
request. Call 202.693.7773 or TTY 202.693.7775. |
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