Secretary of Labor Hilda L. Solis honoring Veterans Day by encouraging US employers to put our military heroes to work

WASHINGTON — Secretary of Labor Hilda L. Solis today released the following statement encouraging U.S. employers to commemorate the Veterans Day holiday Monday by making a commitment to hiring veterans: “On Monday, America will celebrate the sacrifices of the men and women who’ve served their country in the armed forces. I…

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Defunct West Chester, Pa., company and owner ordered to restore $661K+ in retirement plan assets following DOL lawsuit

WEST CHESTER, Pa. — The U.S. Department of Labor has obtained a summary judgment ordering Compass Capital Partners Ltd. and owner Harris M. DeWese to restore $661,206 to the defunct West Chester company’s retirement plan. The judgment resolves a lawsuit filed by the department in August 2011 that alleged violations…

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US Labor Department concludes settlement restoring $32 million to Tribune Co. employee stock ownership plan

Workers, beneficiaries have retirement savings restored WASHINGTON, Feb. 23, 2012 /PRNewswire-USNewswire/ — The U.S. Department of Labor’s Employee Benefits Security Administration has announced that the Tribune Co., GreatBanc Trust Co. and various insurance carriers have completed funding of a global settlement in the amount of $32 million to be allocated…

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