Hosted on MSN11mon
Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants
The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal investigation revealed the kitty had nearly 3,500 dead members.
UNFI TEAMSTERS RATIFY FIRST CONTRACTS
Following a credible strike threat, more than 1,000 newly organized drivers and warehouse workers at United Natural Foods Inc ...
Sourcing Journal on MSN8d
Yellow’s New Bankruptcy Proposal Hangs $550 Million in the Balance
The newest plan comes as the pension funds and creditors remain at odds with the trucking firm's estate over the distribution ...
Transport Topics9d
Yellow Creditors Push Plan to End Bankruptcy Case
who represents a New York Teamsters pension fund, said during the hearing. After Yellow filed for bankruptcy and shut down, funds tried to make the trucker pay billions of dollars in penalties for ...
Pensions&Investments1mon
House Republicans seek DOJ's help on pension plan overpayments linked to dead retirees
the Pension Benefit Guaranty Corp. awarded $36 billion to the Teamsters Central States, Southeast & Southwest Areas Pension Fund, Chicago, back in December 2022, marking the largest award in the ...
Business Wire21d
Labaton Keller Sucharow LLP Files Securities Class Action Lawsuit Against The Trade Desk, Inc. and Certain of Its Executives
This action, which is captioned New England Teamsters Pension Fund v. The Trade Desk, Inc., No. 2:25-cv-01936 (C.D. Cal.), asserts claims under Sections 10(b) and 20(a) of the Securities Exchange ...
Wall Street Journal7mon
Democrats Swap Teamsters Boss for Retirees in Convention Address
In O’Brien’s place: More than three dozen retired Teamsters whose pensions were saved by a provision in President Biden’s first big spending package, passed in 2021.