September 23, 2022
A New Jersey-based international design firm, its owner and her husband will pay more than $2 million to resolve U.S. Department of Labor allegations they mishandled the assets of the company's retirement plan by investing funds in banks tied to the husband, according to a settlement approved Friday.
August 30, 2022
The U.S. Department of Labor on Tuesday accused the owner of a New Jersey architectural firm of breaching her duty to employees by investing the bulk of a retirement fund's assets in ill-fated banks controlled by her husband.