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  • Georgia Company Sued over Alleged ERISA Plan Violations
    Apr-28-11 Duluth, GA The US Department of Labor recently sued a software company based in Duluth, Georgia, for allegedly violating the Employee Retirement Income Security Act ( ERISA ), reports the Atlanta Journal-Constitution . According to the news source, CSG Group Inc. and Thomas Wimberly are facing the civil lawsuit, which claims that they withheld more t...
  • New Mexico Man Receives Prison Sentence in Securities Fraud Case
    Apr-12-11 Albuquerque, NM A former insurance agent from New Mexico's capital who reportedly promised to pay back his investors by winning poker tournaments has been sentenced to 12 years in prison for committing securities fraud . The Associated Press reports that State District Judge Ross Sanchez also sentenced Samuel McMaster Jr. to supervised probation fo...
  • When an ERISA Plan Isn't an ERISA Plan
    Apr-8-11 Minneapolis, MN There are different degrees of faith in the world. There is the faith you have in yourself. There is the faith you have in a higher power. Then, there is your faith that come the conclusion of your work life, your ERISA plan is going to be there to provide you with the pension benefits you need to help fund a reasonably comfortable reti...
  • Verizon Pays $93.5 Million to Settle Government Whistleblower Lawsuit
    Apr-8-11 Washington, DC Verizon Communications Inc. recently paid more than $93 million to resolve government whistleblower allegations that it overcharged on invoices for telecommunications service contracts, the Wall Street Journal reports. According to the news provider, the Justice Department claimed Verizon subsidiary MCI Communications Services Inc...
  • Union: Missouri Medical Center Violates ERISA Plan When Serving Public
    Mar-27-11 Columbia, MO The vice president of Missouri's Cape Girardeau Craftsman Independent Union (CIU) says that the Midtown Family Medical Center can no longer serve the general public because it violates the US Employee Retirement Income Security Act ( ERISA ). The Columbia Daily Tribune reports that union vice president Skip Kelley explained in a recent...
  • Decision to Reinstate Pilot's Benefits Important for ERISA Benefits Cases
    Feb-25-11 Pittsburgh, PA An appeals court decision to restore long-term disability pay to a former airline pilot who endured a psychotic episode could be significant for future cases involving ERISA benefits , the Legal Intelligencer reports. According to the news source, the 3rd US Circuit Court of Appeals in Philadelphia, Pennsylvania, recently ruled that...
  • UBS Lehman Brothers: What Did They Know—and When?
    Feb-15-11 New York, NY More often than not, in the complex legal world, it is not what you know, but when you knew it that can get you in hot water. The withholding of important information at the worst possible time can have a devastating affect, as is alleged by investors who purchased UBS Lehman Principal Protected Notes prior to the collapse of the once-prou...
  • Employer Sued for Withheld ERISA Plan Funds
    Feb-10-11 Portland, ME When a business is having financial difficulties, various accounting and financial management initiatives are often brought into play in an effort to weather the storm. However, some things are not acceptable—such as withholding employee contributions for an ERISA plan , and not returning the funds to the plan when you go out of busin...
  • Proton Pump Inhibitors—Caught between a Rock and a Hard Place
    Feb-9-11 Zanesville, OH Julie, age 53, started taking proton pump inhibitors several years ago to treat gastroesophageal reflux disease (GERD). She had no idea—until she broke her ankle—that prescription PPI medications have been linked to bone fractures when taken long term or in high doses. There are many proton pump inhibitors on the market,...
  • Pennsylvania Woman Files Unum Disability Lawsuit
    Feb-9-11 Johnstown, PA A Boswell, Pennsylvania woman suffering from brain injuries has filed an Unum disability lawsuit claiming the insurance company refused to give her long-term disability benefits, the Tribune-Democrat reports. Susan G. Harris recently filed the civil lawsuit in US District Court in Johnstown, according to the news provider. In the...
  • UBS Hit Hard in Lehman Brothers Principal Protected Notes Arbitration
    Feb-8-11 New York, NY Although Lehman Brothers is no more, UBS is still feeling the effects of Lehman Brothers Principal Protected Notes . The Lehman Brothers structured notes were sold by UBS and are now the focus of investor arbitrations against UBS. Although UBS says its sale of the Lehman Principal Protected Notes was by the book, so far the majority of arbi...
  • Texas Worker Files Overtime Pay Lawsuit
    Jan-31-11 Sherman, TX A Texas contract worker has decided to file an overtime pay lawsuit against his employer, claiming he worked longer than 40 hours per week and was not properly compensated, the Southeast Texas Record reports. According to the lawsuit, Sammy Gene Kinder is accusing Encana Oil & Gas of violating the provisions of the Fair Labor Stand...
  • California Labor Board Files Wage Claim for Hours Lost
    Jan-27-11 Ridgecrest, CA "I know California is an at-will state, which means you can be terminated without a reason," says Penny, "but after speaking with the California labor board, I can file a wage claim because this company—Best Western—violated the California Labor Law ." Penny's problems began when she returned to work from medical leave for...
  • Lawsuit against Wisconsin Company Stems from Alleged ERISA Benefits Violations
    Jan-26-11 Janesville, WI A Department of Labor lawsuit against a Janesville, Wisconsin company is reportedly the result of an investigation into alleged violations of the Employee Retirement Income Security Act ( ERISA ), according to the Janesville Gazette . The department has filed the lawsuit against Premier Vending and its president, accusing the company o...
  • Former California Company Ordered to Pay Back ERISA Plan
    Jan-20-11 Sun Valley, CA Former employees of Air Transport Manufacturing Co. not only lost their jobs when the aircraft parts and equipment manufacturer went out of business in 2008, it was also determined that employees were out $601,736 in value to their ERISA plan . The US Department of Labor announced January 6 that it had received a court order requiring the...
  • JP Morgan Chase Settles Securities Class Action for $23M
    New York, NY: A $23 million settlement has been reached in securities class action lawsuit alleging JPMorgan Chase & Co. (JPM) breached its fiduciary duty by investing pension funds in Lehman Brothers Holdings Inc. notes. The settlement has been reached between the lead plaintiff, the Board of Trustees of the Operating Engineers Pension Trust, and...
  • More Lawsuits Filed over ERISA Plan During Recession
    Dec-22-10 St. Louis, MO The amount of lawsuits associated with the Employee Retirement Income Security Act ( ERISA ) have increased significantly since the beginning of the recession, the Rockford Register Star reports. According to data from the US District Court, 9,300 lawsuits related to ERISA were filed in the country during the 12-month span that ended o...
  • Legal Malpractice: Not All Lawyers Are Ethical
    Nov-25-10 Hutchinson, KS James was a long-haul trucker who drove hazardous materials, until some guy ran a stop sign and he was "crushed like a grape." James hired an attorney and filed a suit against the guy's insurance company. "They settled but he didn't have much insurance so we tried to collect the truck insurance of my employer," says James. But his attorney g...
  • "I Gambled Away My Life Savings, Courtesy of Mirapex"
    Nov-20-10 St. Paul, MN Not only did Mike Adrian gamble away his life savings, he was also "humiliated and degraded" after the media reported that "Maintenance Worker Admits to Stealing," and he is soon going to prison. If Mike had known about Mirapex and compulsive gambling, which is known to be a Mirapex side effect, perhaps his life wouldn't be in ruins. Le...
  • Philadelphia Bartender Sues Employer for Alleged Racial Discrimination
    Nov-17-10 Philadelphia, PA An employee at a Philadelphia bar has sued the establishment for racial discrimination , reports NBC Philadelphia . Michael Bolden, a bartender at McFadden's Restaurant and Bar, who is also a lawyer, claims that the bar engaged in practices to deter non-white customers from patronizing the restaurant. Bolden alleges that the bar'...
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