Labor Dept. Sues Plumbers' Union Pension Trustees
Keywords: finance, engineering news-record, business conditions, markets, legislation, ENR, government, equipment & materials
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Delivery: Immediate Online Access
Publication Date: 16-SEP-02
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Article Description| The U.S. Dept. of Labor has filed a lawsuit in federal court, charging that the trustees of the Plumbers and Pipefitters National Pension Fund mismanaged the pension plan's investment in the Diplomat Resort and Country Club in Hollywood, Fla. The Sept. 12 lawsuit alleges that the trustees violated the federal Employee Retirement Income Security Act by imprudently proceeding with the Diplomat ... |
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