DOL Hits Drying Co. With Suit Over Neglected ERISA Plans

By Danielle Nichole Smith ( June 10, 2019, 9:00 PM EDT) -- A South Carolina-based industrial drying systems company essentially abandoned its health care and retirement plans when it stopped operating in 2016 in violation of the Employee Retirement Income Security Act, the U.S. Department of Labor has alleged in federal court....

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