DOL recovers more than $490,000 for Ky.-based pension plan and obtains judgments against plan fiduciaries

The U.S. Department of Labor has obtained consent judgments against Robert La Courciere and Pamela Babbish, former trustees of the Fourslides Inc. pension plan; these judgments follow the recovery of $490,594 owed to the plan. A lawsuit filed in the U.S. District Court for the Eastern District of Kentucky alleged that over three years, La Courciere, Babbish, George Hofmeister and Fourslides Inc. improperly used pension funds. Judgments against the remaining defendants are being sought by the department in ongoing litigation.

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