Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

Small Business Administration Encourages Business Use

Secretary of Labor Alexis Herman today unveiled a new interactive website for small business owners who want to start a retirement savings plan for their employees.

Archived News Release — Caution: Information may be out of date.

Haverfield Corp. of Cleveland and certain corporate executives misused assets of the Haverfield Corp employee stock ownership plan (ESOP) to purchase company stock for the plan at artificially inflated prices, according to a lawsuit filed today by the U. S. Department of Labor.

Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

The Advisory Council on Employee Welfare and Pension Benefit Plans, more popularly known as the ERISA Advisory Council, and its three recently-formed working groups will hold public meetings June 8 and 9. All sessions will take place in Conference Room N-4437 C&D at the U.S. Department of Labor's Frances Perkins Building, 200 Constitution Avenue NW, Washington, D.C.

Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

A federal district court in Philadelphia ordered the trustee of the Dr. Lawrence Manin Profit Sharing Plan, located in Cherry Hill, N.J., to make $24,093 in restitution, sentenced him to12 months and one day in prison in prison, and placed him on probation.

Archived News Release — Caution: Information may be out of date.

Philadelphia-based Mercy-Douglass Corp., its subsidiaries and trustees of the company's pension plan have agreed to repay the plan $432,137, including interest, as a result of a consent judgment obtained by the U.S. Labor Department.

In addition, the consent judgment requires that an independent trustee be appointed to manage the plan.

Archived News Release — Caution: Information may be out of date.

The owner of a real estate investment firm, Bainbridge Investments, Inc., formerly located in Orange County, Calif., was sued by the U. S. Department of Labor for improperly operating the company’s profit sharing plan. The plan was financially illiquid and resulted in its inability to pay benefits owed to participants.

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

OIG Press Release: Members of Three Organized Crime Families Indicted on Racketeering and Extortion Charges in Garment Industry [04/28/1998]

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: U.S. Department of Labor Again Sues Iowa Beef Processors, Inc. For Labor Law Violations [04/24/1998]

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

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

U.S. DEPARTMENT OF LABOR

ILAB Press Release: Herman Expands Department's Fight Against Child Labor to Central America [04/20/1998]

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

PROSERA CMI, Inc., an employee leasing firm formerly headquartered in Englewood, Colo., affiliated firms and their owner were removed from their positions with the firm’s health plan and permanently barred from serving or doing business with employee benefit plans governed by federal pension law under a court judgment obtained by the U. S. Department of Labor.

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: U.S. Department of Labor Finds 36 Young Children Illegally Employed in Texas Agriculture; Four Growers Agree to Compliance Monitoring [04/17/1998]

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: CoreStates Enters into $1.5 Million Settlement Agreement with U.S. Labor Department [04/17/1998]

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

The U. S. Department of Labor has obtained a consent order and judgment requiring the trustees of the Choice Advantage Auto Group 401(k) and cafeteria plans to waive all rights to distributions from the 401(k) plan until until all other participants in the plan receive their full benefits.

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

The U. S. Department of Labor has obtained a settlement in which Deluxe Corp. and its subsidiary Deluxe Printers, Inc., based in St. Paul, Minn., have agreed to give employees a premium reduction on life insurance payments owed for eligible participants and dependents.

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

U.S. DEPARTMENT OF LABOR

OIG Press Release: Stephen J. Cossu Appointed Assistant Inspector General for Investigations [04/07/1998]

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: Labor Department Announces Proposed Changes To Reinforce Equal Pay Between Women and Men [04/02/1998]

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: Labor Department Releases Quarterly Garment Report Investigations Recover Over $330,000 Owed to Workers [03/30/1998]

For more information call: 202/219-7317 (ext. 118)

The U.S. Department of Labor recovered $330,595 in back wages for 1,233 garment workers during the last three months of 1997, according to the department's Garment Enforcement Report released today.

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

The U. S. Department of Labor today sued executives of Brewster Dairy, Inc., in Brewster, Ohio, for imprudently investing more than $1 million of the company’s 401(k) profit sharing plan assets in a real estate limited partnership.

Brewster Dairy is a manufacturer of cheese and other dairy byproducts. The 401(k) plan, which covered 194 employees, had $10,440,119 in assets as of March 1996.