Charity Officers Sued for Breach In Administering ERISA Plan
DOL claims breach in soliciting contributions from service providers, obtaining job for son
Charities and others are increasingly facing suits for alleged breach of fiduciary duty in failing to hold down the costs of various pension and benefit plans covered by the Employee Retirement Income Security Act (“ERISA”). (See Nonprofit Issues®, 6/16.) But a Department of Labor suit against a group of nonprofits in Maryland has raised two additional issues: that charity officials breached their fiduciary duty in one case because they solicited charitable contr
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