Su v. Fensler et al

  1. May 31, 2024

    DOL's Fund Mismanagement Suit Stayed For 7th Circ. Appeal

    An Illinois federal judge pressed pause on a suit filed by the U.S. Department of Labor against the trustees of a union life insurance fund, saying she'll let two former trustees' appeal of an injunction she issued in the case play out before she resumes adjudicating.

  2. May 23, 2024

    Union Fund Trustees Fight DOL Mismanagement Suit

    Two trustees of an embattled union life insurance fund have asked an Illinois federal judge to toss the U.S. Department of Labor's claims that they let a fellow trustee siphon about $2.6 million and amended the fund's rules to shield themselves from liability.

  3. December 20, 2023

    Court OKs DOL Deal With Atty In Union Fund Misuse Suit

    An Illinois federal judge has approved a settlement between the U.S. Department of Labor and a Chicago-area real estate lawyer, who agreed to pay over $136,000 to resolve claims that he conducted prohibited transactions using assets misappropriated from a National Production Workers Union local's multiemployer life insurance fund.

  4. December 13, 2023

    DOL Inks Deal With Attorney In Union Fund Misuse Suit

    A Chicago-area real estate attorney has agreed to pay more than $136,000 to settle allegations by the Labor Department that he conducted prohibited transactions in connection with the misappropriation of assets from a multiemployer life insurance fund.

  5. September 11, 2023

    Union Fund Trustees Fight Takeover Order In DOL-Filed Case

    Two trustees of a union life insurance fund have challenged an Illinois federal judge's order for them to relinquish control of the fund, asking the Seventh Circuit to vacate the U.S. Department of Labor's win in the asset mismanagement case.

  6. August 11, 2023

    Judge Grants DOL Request To Boot Union Fund Trustees

    An Illinois federal judge granted the U.S. Department of Labor's bid to boot trustees of a multi-employer benefit fund and appoint an independent fiduciary in their place in a suit alleging mismanagement, agreeing with the DOL that participants faced irreparable harm absent a takeover.

  7. July 27, 2023

    Judge Rejects DOL Fund Freeze Request In Trust Suit

    An Illinois federal judge has denied a motion from the U.S. Department of Labor requesting a temporary asset freeze in an enforcement case accusing trustees of draining a multi-employer benefit fund of millions through mismanagement, finding the DOL hasn't met its burden to show that such extraordinary relief is warranted.

  8. July 10, 2023

    Trustees Accused Of 'Bleeding Money' Point Finger At Atty

    Trustees accused of draining a multi-employer benefit fund have hit back at the U.S. Department of Labor's efforts to wrest control, defending the fund's payments to Baker Botts LLP as necessary to recover missing money and accusing the fund's former attorney of being a corrupt official who was the real culprit behind lax oversight.  

  9. June 16, 2023

    DOL Says Fund 'Bleeding Money,' Questions Baker Botts Bills

    The U.S. Department of Labor has asked an Illinois federal judge to prevent trustees from entirely draining a multi-employer benefit fund — after the agency accused them of misappropriating more than $2.8 million in assets and seemingly approving "gargantuan" legal fees charged by Baker Botts LLP.

  10. August 09, 2022

    Multiemployer Fund Can't Toss DOL's Embezzlement Suit

    An Illinois federal judge ruled that a multiemployer benefit fund and its trustees must face a lawsuit from the U.S. Department of Labor alleging misappropriation of more than $2.8 million in assets from the fund, which provides life insurance for at least 63 employer-sponsored plans.