Labor Department Sues Over Trust Management Involving CIFs

( June 26, 2026, 2:42 PM EDT) -- HOUSTON — Asserting claims against purported fiduciaries of the Hand Composite Employee Benefit Trust in a Texas federal court, the U.S. Department of Labor (DOL) on June 25 alleged violations of the Employee Retirement Income Security Act in connection with management of more than $5 billion in assets....

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