December 27, 2021
De Paola Trading, Inc., a broker-dealer, offers a Profit Sharing Plan, an employee benefit plan to which the company contributes. De Paola and its president and CEO, Peter de Paola, are the defendants in this class action. The complaint claims they have breached their fiduciary duties to the plan and violated the Employee Retirement Income Security Act (ERISA), which governs such employer-provided retirement plans.
Case Event File: De Paola Trading Profit Sharing Plan Distributions ComplaintRelated to: De Paola Trading Profit Sharing Plan Distributions Class Action