Fund Trustee Enjoined From Collecting Salary From Fund, Federal Judge Says

Mealey's (February 1, 2021, 10:10 AM EST) -- CLEVELAND — An Ohio federal judge on Jan. 25 granted a motion for preliminary injunction filed by the secretary of Labor after determining that the trustee of an employee benefits fund must be enjoined from using any of the fund’s assets to pay himself a salary or compensation because the trustee violated the Employee Retirement Income Security Act by engaging in prohibited self-dealing transactions....

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