Labor Dept.: Federal Court Requires R.B. Pamplin Corp., Owner to Restore at Least $20.6M in Assets to Pension Plan, Unwind $15.4M in Illegal Real Estate Investments
January 16, 2025
January 16, 2025
WASHINGTON, Jan. 16 -- The U.S. Department of Labor Employee Benefits Security Administration issued the following news release:
* * *
Owner, company admit to violating federal retirement law
* * *
PORTLAND, OR - The U.S. Department of Labor has obtained a consent judgment requiring Dr. Robert B. Pamplin Jr. and the R.B. Pamplin Corp. to restore at least $20,600,000 in assets to the company's pension plan after the plan's unlawful acq . . .
* * *
Owner, company admit to violating federal retirement law
* * *
PORTLAND, OR - The U.S. Department of Labor has obtained a consent judgment requiring Dr. Robert B. Pamplin Jr. and the R.B. Pamplin Corp. to restore at least $20,600,000 in assets to the company's pension plan after the plan's unlawful acq . . .