Agency Gets TRO Against Allegedly Embezzling TPA Of Many Retirement Plans

(February 7, 2024, 2:10 PM EST) -- PITTSBURGH — Granting a motion in which the U.S. Department of Labor (DOL) urged it to stop two defendants “from continuing their embezzlement and misappropriation of plan assets,” a Pennsylvania federal judge has issued a temporary restraining order (TRO) involving a company that was third-party administrator (TPA) for many retirement plans....