EBSA News Release: [02/26/2015]
Contact Name: Michael D'Aquino or Lindsay Williams
Phone Number: (678) 237-0630
Email: D'Aquino.Michael@dol.gov or williams.lindsay.l@dol.gov
Release Number: 15-0159-ATL
Contact Name: Michael D'Aquino or Lindsay Williams
Phone Number: (678) 237-0630
Email: D'Aquino.Michael@dol.gov or williams.lindsay.l@dol.gov
Release Number: 15-0159-ATL
Metavation and Fairfield fiduciary George Hofmeister improperly used pension plan assets
LEXINGTON, Ky. — The U.S. District Court for the Eastern District of Kentucky has issued a consent judgment against George Hofmeister, trustee of pension plans sponsored by TPOP LLC, formerly known as Metavation LLC, Fairfield Castings LLC (formerly known as Revstone Castings Fairfield LLC), and Fourslides Inc., requiring Hofmeister to repay $300,000 to the plans. The judgment also bans Hofmeister from being a fiduciary or service provider to employee benefit plans under the Employee Retirement Income Security Act.
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