This settlement allows us to move forward and focus on the needs of the working men and women participating in the union benefit plans we service.
Tampa, Fa. (PRWEB) August 25, 2015
Zenith American Solutions® (Zenith) has reached an amicable resolution to litigation* involving the U.S. Department of Labor, Thomas E. Perez, Secretary of Labor, U.S. Department of Labor v Zenith American Solutions, et. al., pending in the U.S. District Court in the Southern District of California.
The lawsuit was filed in May 2014 and involved allegations of violations of Section 510 of ERISA, the Employee Retirement Income Security Act. The settlement includes a monetary component, as well as training and other commitments to comply with ERISA. The litigation will continue with respect to two of the individually-named defendants.
“We have been working closely with the Department of Labor to address their concerns,” said Art Schultz, chief executive officer, Zenith. “This settlement allows us to move forward and focus on the needs of the working men and women participating in the union benefit plans we service.”
About Zenith American Solutions
Zenith American Solutions, Inc. (Zenith) has been providing high quality administrative services since 1944. With 33 offices across the country, Zenith manages benefit plans as a third party benefits administrator (TPA) serving over 700,000 health plan members and dependents, and over 800,000 retirement plan participants for Taft-Hartley trust funds, trade associations, government entities and corporate employers. For more information, visit http://www.zenith-american.com.
*United States District Court Central District of California Case No. CV 14-3911-JAK-AGRx