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DOL recovers nearly $8 million for former employees of defunct security company

The U.S. Department of Labor has recovered nearly $8 million in back wages, fringe benefits and 401(k) plan assets for more than 2,000 security guards formerly employed by USProtect Corp., a defunct company that provided security services for federal buildings across the country.

By Paula Aven Gladych | Updated on November 23, 2011

The U.S. Department of Labor has recovered nearly $8 million in back wages, fringe benefits and 401(k) plan assets for more than 2,000 security guards formerly employed by USProtect Corp., a defunct company that provided security services for federal buildings across the country. 

The U.S. Bankruptcy Court for the District of Maryland approved a global settlement that allowed the Department to recover the money. The Labor Department had filed suit against the company for violations of the McNamara O’Hara Service Contract Act and the Employee Retirement Income Security Act.

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