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Thomas Perez, Secretary v. Herbert Bruister

  1. May 04, 2016

    5th Circ. OKs $6.5M DOL Win In DirecTV Installer Pension Suit

    The Fifth Circuit on Tuesday affirmed a win for the U.S. Department of Labor requiring the trustees of a DirecTV installation company's retirement plan to pay $6.5 million for overvaluing the stock, saying the company owner put his own interests above the retirees'.

  2. July 29, 2015

    DOL Defends $6.5M Win Over DirecTV Installer's Pensions

    The U.S. Department of Labor backed a nearly $6.5 million judgment against a DirecTV installation company's retirement plan trustees for causing the plans to overpay for company stock, urging the Fifth Circuit on Wednesday to not overturn the award.