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Miscellaneous Legal Issues

Former HR Chief at AIG, Others Charged in Alleged Headhunting Scam

December 20, 2007
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Federal authorities have charged a former human resources VP of American International Group Inc. and three accomplices with defrauding the insurer of $1.1 million with phony bills for employee search services.
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$4.1 Million Award For Violating Fiduciary Duty

December 18, 2007
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Employees who are in positions of trust and confidence and who attempt to sell their employers’ business for personal gain and disclose confidential information to competitors violate fiduciary duties owed employers.
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$4.1 Million Award For Violating Fiduciary Duty

December 18, 2007
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Employees who are in positions of trust and confidence and who attempt to sell their employers’ business for personal gain and disclose confidential information to competitors violate fiduciary duties owed employers.
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Senate Panel Backs Millard to Lead PBGC

December 17, 2007
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The Senate Finance Committee has unanimously approved President Bush’s nomination of Charles E.F. Millard to be the next director of the Pension Benefit Guaranty Corp.
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Court Employer Suit not Necessarily Retaliatory

December 14, 2007
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One attorney notes the court ‘was basically balancing employees’ right against retaliation against anybody’s right under the First Amendment of the Constitution to petition the court and file a lawsuit.’
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DOL Proposes Retirement Plan Fee Disclosure Rule

December 13, 2007
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Department of Labor says the new rule will give more insight into service providers’ fees and any potential conflicts of interest that could influence providers.
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Handed Down

December 13, 2007
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A review of the 10 legal decisions of 2007 that will have the greatest impact on the workplace in the coming year and beyond
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Alaska Attorney General Sues Mercer Over Pension Plan Losses

December 10, 2007
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State seeks to recover more than $1.8 billion it claims was lost because of the firm’s misconduct as an actuary for state employees’ and teachers’ pension plans.
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DOL Investigated for Non-Competitive Grants, Millions Given Out Without Proper Documentation

December 7, 2007
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The Labor Department’s Office of Inspector General has found that the Employment and Training Administration did not adequately justify decisions to give out non-competitive awards for the High Growth Job Training Initiative.
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Brocade HR Chief Convicted in Options Backdating Trial

December 6, 2007
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A federal jury has convicted Stephanie Jensen, the former head of human resources at Brocade Communications, of two counts of criminal fraud for her role in the backdating scheme.
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