Federal judge clears former Chimes executives in ERISA violations suit
A federal judge ruled in favor of two former executives for Chimes International Ltd. last week in a lawsuit filed by the U.S. Department of Labor accusing the nonprofit of failing to adequately monitor its employee health plan. U.S. District Judge Richard D. Bennett granted a summary judgment motion for former President Martin Lampner and former […]
Judge denies motion to dismiss lawsuit by Chimes’ health plan administrator
A federal judge Monday denied a motion to dismiss in a lawsuit against Chimes International Ltd. alleging the Baltimore-based nonprofit breached its fiduciary duty as overseer of its employee health plan. The amended complaint, filed in June by the U.S. Department of Labor, claims Chimes and senior executives failed to “prudently and loyally” monitor the plan’s administration [[...]