For reprint rights or to purchase a copy of your Daily Journal photo, email jeremy@reprintpros.com for prices or call 949-702-5390.

To buy more copies, call 866-531-1492 or email subscribe@dailyjournal.com
This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Menu
  • Sign In

    • Hilda L. Solis, U.S. Secretary of Labor, United States Department of Labor v. Sophisticated Technologies Inc., a corporation also dba Sophtech; Moshe Klein, an individual; and the Sophtech 401(k) Plan, an employee pension benefit plan

    Mar. 31, 2012
    Verdicts and settlements
    Sign up for Daily Journal emails
    Employment Law
    ERISA
    Injunctive Relief

    Hilda L. Solis, U.S. Secretary of Labor, United States Department of Labor v. Sophisticated Technologies Inc., a corporation also dba Sophtech; Moshe Klein, an individual; and the Sophtech 401(k) Plan, an employee pension benefit plan

    Published: Mar. 31, 2012 | Result Date: Feb. 22, 2012 | Filing Date: Jan. 1, 1900 |
    Case number: 2:10-cv-08755-DSF-SS Settlement –  Equitable Settlement

    Court

    USDC Central


    Attorneys

    Plaintiff

    Katherine Kasameyer

    Danielle L. Jaberg


    Defendant

    Christopher J. Dugger

    Michael Hurey
    (Kleinberg & Lerner)


    Facts

    The U.S. Secretary of Labor filed suit against Sophisticated Technologies Inc. for violations of ERISA.

    Result

    The parties settled. Moshe Klein is permanently enjoined and restrained from violating provisions of Title I of ERISA. Klein is also permanently enjoined and restrained from serving as a fiduciary of any ERISA-covered employee benefit plan. Klein shall pay $48,858 to the employee benefit plan and shall pay for an Independent Fiduciary who will terminate the employee benefit plan and make distributions to plan participants and beneficiaries.


    #86049

    For reprint rights or to order a copy of your photo:

    Email jeremy@reprintpros.com for prices.
    Direct dial: 949-702-5390

    By using our website, you agree to our use of cookies in accordance with our cookie policy. You can learn more about how we use cookies by reviewing our Privacy Policy here.