USDOL v. PDM Co., Inc., 94-RIS-32 (ALJ May 25,
1995)
U.S. Department of Labor Office of Administrative Law Judges
2600 Mt. Ephraim Avenue
Camden, NJ 08104
Phone: 609-757-5312
Fax: 609-757-5403
DATE: May 25, 1995
Case No: 94-RIS-32
IN THE MATTER OF
UNITED STATES DEPARTMENT OF LABOR
Pension and Welfare Benefits
Administration,
Complainant
v.
PDM CO., INC. Respondent
ORDER OF DISMISSAL
Complainant Pension and Welfare Benefits
Administration ("PWBA") and Respondent PDM Co. Inc.,
have resolved all outstanding issues between them in the above
referenced case. Complainant PWBA has determined that the
Independent Qualified Public Accountant's Report submitted by
Respondent on April 25, 1995 is in compliance with sections 101,
103 and 104 of the Employee Retirement Income Security Act of
1974, ("ERISA"), 29 U.S.C. §§1021, 1023, and
1024, and 29 C.F.R. §2520.103.
Respondent has agreed not to contest further
the penalty imposed by Complainant PWBA and paid 20% ($10,000.00)
of that assessed penalty amount. The parties have presented the
terms of their settlement and stipulated that all terms now have
been complied with. The parties further agree that each is
responsible for its respective attorney's fees and legal costs.
Accordingly, in light of the forestated and
the parties' Stipulation of Dismissal, it is hereby
ORDERED, that this action, U. S.
Department of Labor, Pension and Welfare Benefits Administration
v. PDM Co., Inc., Case No. 94-RIS-32, is DISMISSED.
