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The Department of Labor has filed litigation in the U.S. District Court for the Northern District of Illinois seeking to have Eugene Aguirre removed as the sole trustee for the Sunstrand Electric Company Inc. Employees 401(k) Profit Plan and Trust. So reports PlanAdvisor.

The DoL alleges that Aguirre failed to administer the retirement program. The litigation maintains that he has failed to authorize approximately $100,734 in distributions to plan participants.

Read the full article from PlanAdvisor.

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