Department of Labor Recovers $22.5M From Trustee for Stock Overpayment by RV Rental Company's Employee Stock Ownership Plan
September 14, 2023
September 14, 2023
PHOENIX, Arizona, Sept. 14 -- The U.S. Department of Labor Employee Benefits Security Administration issued the following news release:
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Reliance Trust Company consents to judgment after investigation, litigation
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The U.S. Department of Labor has recovered $22.5 million from an employee stock ownership plan's former trustee, Reliance Trust Company for the plan's overpayment for a recreational vehicle rental company's st . . .
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Reliance Trust Company consents to judgment after investigation, litigation
* * *
The U.S. Department of Labor has recovered $22.5 million from an employee stock ownership plan's former trustee, Reliance Trust Company for the plan's overpayment for a recreational vehicle rental company's st . . .