Please note: As of January 20, 2017, information in some news releases may be out of date or not reflect current policies.
US Labor Department sues Tulsa-based dentist Dr. Debra S. Gill to recover more than $15,000 in employee retirement funds
TULSA, Okla. – The U.S. Department of Labor has sued Tulsa-based dentist Dr. Debra S. Gill and her company, Debra S. Gill, DDS, PC in an effort to recover more than $15,000 in employee retirement funds. The department’s lawsuit, filed in the U.S. District Court in Oklahoma, alleges that Gill violated the Employee Retirement Income Security Act of 1974 by using assets belonging to the employee retirement plan for the benefit of the company.
The suit alleges that during a three-year period, the defendant used employee retirement contributions to run the company and pay creditors. The department seeks a court order requiring the restoration of all plan losses and to bar Gill from serving in the future in any plan capacity.
“Plan officials have a duty to manage and protect employees’ benefit plans and their assets,” said Deborah Perry, acting director of the Dallas Regional Office of the department’s Employee Benefit Security Administration, which investigated this case. “Our action today is designed to restore plan assets that were not properly preserved for the company’s workers.”
At the time of the violations, the defendants’ retirement plan had seven employee participants. The department’s complaint was filed by the Dallas Regional Solicitor’s Office.
Employers and workers can reach EBSA’s Dallas office at 972-850-4500 or toll-free at 866-444-3272 for help with problems relating to private sector retirement and health plans. Additional information can be found at www.dol.gov/ebsa.
Secretary v. Debra S. Gill, DDS, PC
Civil Action Number: 13-CV-258-TCK-TLW
U.S. Department of Labor news materials are accessible at www.dol.gov. The information above is available in large print, Braille, audio tape or disc from the COAST office upon request by calling 202-693-7828 or TTY 202-693-7755.