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DOL restores nearly $1.3 million to employee pension plan

The U.S. Department of Labor and Los Angeles-based Western Mixers Inc., a fruit and nut company, have reached an agreement to restore a total of $1,287,901 to the company's pension plan.

By Amanda McGrory-Dixon | Updated on May 15, 2012

The U.S. Department of Labor and Los Angeles-based Western Mixers Inc., a fruit and nut company, have reached an agreement to restore a total of $1,287,901 to the company’s pension plan.

Under this consent judgment, which was entered this month in the U.S. District Court’s Central District in Los Angeles, officers of Western Mixers are responsible for restoring $802,901 to participants’ accounts within 10 days. During the investigation, Western Mixers repaid $485,000 to the plan for the total funds identified as missing.

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