June 27, 2022

Federal court sentences Florida addiction recovery doctor to prison, to pay $31.3M in restitution after submitting $106M in fraudulent benefits claims

WEST PALM BEACH, FL – A federal court in Miami has sentenced the former medical director of a West Palm Beach residential addiction recovery center to prison and ordered more than $31 million in restitution paid as part of a healthcare scheme to obtain reimbursement for $106 million in false claims to more than 80 private insurance companies and federal healthcare benefit programs.

June 10, 2022

Federal court sentences former Wisconsin union president who embezzled $219K from employee benefit plan, union funds to 8 months home confinement

MILWAUKEE – A federal judge has sentenced the former president of the International Longshoremen’s Association Local 1295 – a dockworkers’ union known as the Milwaukee Grain Trimmers – to home confinement of 240 consecutive days, 2 years of probation, ordered to pay a $200 special assessment and $219,000 in restitution to the union and its employee benefit plan.

June 8, 2022

Court sentences Ohio businessman to 2 years in prison for failing to forward federal payroll taxes, stealing workers’ healthcare contributions

CLEVELAND, OH – A North Royalton businessman who failed to pay payroll taxes to the IRS and embezzled health care premiums deducted from his employees’ checks, will spend the next two years in prison and pay restitution of $558,697 to the IRS and $3,807 to the participants of his companies’ health care plan.

June 6, 2022

Federal court sentences Florida pharmacy owner to pay $865K in restitution after US Department of Labor finds healthcare fraud

CLEARWATER, FL – Following a U.S. Department of Labor investigation, the U.S. District Court for the Western District of Kentucky has sentenced Nitesh Patel to serve 12 months’ probation, including 12 months of home confinement following his Nov. 3, 2021, guilty plea to one count of conspiracy to commit healthcare fraud.

May 23, 2022

US Department of Labor obtains consent judgment directing Baltimore company, owner to restore $148K to 401(k) plan

BALTIMORE – A federal court in Maryland has entered a consent judgment requiring a Baltimore logistics, engineering and management support company and its owner to restore $148,852 in missing contributions and interest to its 401(k) plan.

May 20, 2022

US Department of Labor releases Final Rule on changes for the 2022 Form 5500 Series Annual Return/Report

WASHINGTON The U.S. Department of Labor’s Employee Benefits Security Administration, the IRS and the Pension Benefit Guaranty Corp. today released a Federal Register Notice announcing changes to the Form 5500 Annual Return/Report of Employee Benefit Plan and Form 5500-SF Short Form Annual Return/Report of Employee Benefit Plan, and related instructions, that apply beginning with 2022 plan year reports.

April 15, 2022

US Department of Labor announces leadership, new members to advisory council on employee welfare, pension benefit plans for 2022

WASHINGTON – The U.S. Department of Labor today announced the appointment of seven members and leadership for the 2022 Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council.

The 15-member council provides advice on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act of 1974.

March 10, 2022

US Department of Labor cautions 401(k) plan fiduciaries to exercise extreme care as they consider cryptocurrencies

 

WASHINGTON The U.S. Department of Labor today published compliance assistance for 401(k) plan fiduciaries considering plan investments in cryptocurrencies, in an effort aimed at protecting the retirement savings of U.S. workers.

March 7, 2022

US Department of Labor announces final amendments to six class exemptions

WASHINGTON – The U.S. Department of Labor today announced a final notice of amendments to six class exemptions from the prohibited transaction rules in the Employee Retirement Income Security Act and the Internal Revenue Code. 

February 28, 2022

US Department of Labor alleges fiduciaries for a Chicago-area employee benefit plan misappropriated more than $2.8M of plan assets

CHICAGO – The U.S. Department of Labor has asked a federal court in Illinois to hold fiduciaries of the United Employee Benefit Fund, along with its counsel, liable for more than $2.8 million in losses after an investigation found they allowed the misappropriation of the fund’s assets. A Chicago-based multiple employer welfare arrangement, UEBF provides life insurance benefits to about 63 nationwide employer-sponsored benefit plans.

February 24, 2022

Solicitor of Labor Files Brief Supporting its Broad Authority to Subpoena Documents in Employee Retirement Income Security Act Investigations

Date of action:                       February 18, 2022

Type of action:                      Appellee brief

Names of respondents:         Alight Solutions LLC

February 1, 2022

US Department of Labor obtains judgment after investigation finds Michigan company failed to forward retirement contributions

DETROIT – A federal judge has signed a consent order and judgment against a Madison Heights company and ordered fiduciaries of the company’s retirement plan to restore $50,764 in employee payroll-deducted retirement contributions and lost opportunity costs to the plan, and pay a $10,153 penalty for violating the Employee Retirement Income Security Act.

January 21, 2022

Federal court paves way for 16 employees of defunct Bay Area construction company to access $1M in retirement assets

SAN FRANCISCO – Sixteen people participating in an employee retirement plan sponsored by a now defunct Danville construction company will receive distributions of almost $1 million in assets following an investigation and litigation by the U.S. Department of Labor.

January 13, 2022

US Department of Labor investigation leads former owner to repay unpaid health plan claims of uninsured employees of Somerset healthcare agency

SOMERSET, KY – For months, 11 employees at a Somerset home healthcare agency faced costly medical bills, unaware their employer had failed to remit contributions withheld from their wages to their healthcare plans, leading to a lapse in their medical insurance.

January 6, 2022

US Department of Labor recovers more than $9.3M for Minnesota Employee Stock Ownership Plan after investigation finds plan overpaid for shares

MINNEAPOLIS – The U.S. Department of Labor has recovered more than $9.3 million for participants of a Minneapolis manufacturing company’s employee stock ownership plan after the fund overpaid for company stock in 2011, under the terms of a consent judgment entered in a federal court.