Mediation Begins in the Trust Fund losses of Portland, Ore.-based investment firm
Members of six unions, negotiations begin today once again a few tens of millions of dollars of their pension funds lost in ruins investments Portland-based Capital Consultants.
Rank-and-file union members in Oregon, Idaho and Colorado have claimed, in proceedings that his trust fund was negligent and breached their fiduciary duty to transfer money Capital Consultants, the investment consulting company, has lost more than $ 200 million of its customers’ ruins and money allegedly fraudulent investments.
Today, lawyers for the union members, administrators and trustees “private insurers to meet Portland in an attempt to resolve complaints. U.S. District Court Judge Garr King has ordered the confidentiality of mediation in the hope that the parties can resolve complaints quickly.
Related Articles
Clinton stumps for his wife in Havre
Former President Bill Clinton had a message of the house, where election campaign for his wife, Hillary Clinton, Senator, DN.Y., in Havre today - it is the most suitable candidate to change the course of the nation. Bill Clinton has said his wife said, it is preferable, as chairman, he
Tis the season to buy coverage Long Term Care
Statistics show that every five Americans over age 50 may need long-term next year, the insurance covers home care stays at home and health services has become an important element of planning Financial. If you averages years and buying a plan, but were then drag your feet, maybe now a
Tell the insurer in the study profitable DEL
The market for automobile insurance face reduced competition Even after the investment is considered as income, private insurance underwriting automobile transport in Delaware has been profitable for the last five years, according to a study by the Property Casualty Insurers Association of America. The main reason for these poor financial results -
Montana manufacturing
After three years of declining production, sales and employment, Montana manufacturing sector continued to improve in 2004. The production value of Montana have increased by more than $ 500 million in 2004, but employment was essentially unchanged. The current sector: Employee of more than 24000 people earn $ 1 billion in
Oxendine: Georgia to short-circuit in road transport support
Atlanta - an echo of Southern Chorus policies, Georgia Insurance Commissioner John Oxendine Tuesday says the state is increasingly being pulled from the road money distribution system, and he figures prove it. A says Oxendine of an investigation by his office in Georgia has been shown several times to only 75
Insurance costs for cars is increasing across the nation
After falling for two years, car insurance premiums across the country stand again at the resumption of regular quarter-century, an increase. Several major insurers - including Progressive, Geico, State Farm and Allstate - have begun to impose higher prices, and analysts say that by the end of the year, most other
The insurance risks in the economy of gender and pay the equation
F. Unisex Montana has a law since October 1985. If the result met with your predictions? A. It is very close. For example, we said that women would no longer have to pay at the end, men and pay a little less. . . . I think that what we are
Montana inks Small Business Health Insurance Contract
Montana sealed a deal with the state's largest insurer Thursday good group coverage for small businesses, which are in a new pool of insurance. The pool is part of a $ 13 million program called "sure-Montana" and aims to contribute to Montanans lack health insurance. One person in five does not
Gaps penalty donation borders reminder
In the first test of California's most borders restrictive policies contribute to day, six and seven gifts are given later in the campaign for accounts with a total of nearly $ 70 million. Despite the borders Proposition 34, that limiting the maximum speed donation to $ 21, 200 by giving a
New license law Ripple effect on the territory of illegal immigrants
Every weekday morning, a man of 42 years in El Dorado requests, he has his employment in the aerospace and Wichita return home to his family without a car accident or an accident the road stop. It has a license and car insurance. He said he was paying taxes, because it