THE NEWLY CREATED AND NAMED "NORTHEAST FUND" CREATED BY THE FORCED MERGER OF THE NEW JERSEY FUNDS,PHILADELPHIA FUNDS AND ALBANY/ADIRONDACK PENSION FUND INTO THE EMPIRE FUND IS BEING SUED FOR $5 MILLION PLUS
Also pay attention to the outrageous numbers of Laufenbergs compensation.$700,000 in his annuity. Pension at $14,000 a month with another pension we did not even know about. A Supplemental Executive Retirement Plan for deferred hours worth $10,000 more a month.My god you have to read the lawsuit. Regardless it is the fund trustees who are liable and if Breach under ERISA for any wrong doing. Remember what the DOL said in the audit (not investigation) of the SWRCC training fund, "The board and trustees individually are in breach under ERISA for not knowing what Ripley was doing." What Ripley was doing was spending $291,000 on graduation parties,buying himself a Denali and taking Christmas bonuses with 13 others including fund board members. Stay Tuned.
NOW I AM SURE THERE WILL BE A" JOHN BALANTYNE FIRED HIM AND NOT DOUGY 'OUTCRY BUT IN MY HUMBLE OPINION, AND FOR THE RECORD IT IS JUST AN OPINION, JOHN BALLANTYNE DOES NOT TAKE A PEE WITHOUT BEING TOLD TO.I AM SURE MIKE CAPELLI ON HIS OWN FILED THE NLRB CASE TO SCREW UBC NEW YORK MEMBERS OUT OF FUND HOURS AND JOBS IN THEIR BACK YARDS.IF YOU BELIEVE IT I HAVE A BRIDGE TO SELL. THE GOETHAL BRIDGE IN NY. OH WAIT THAT IS ALREADY A SELL OUT FOR MACQUARIES SEC WAIVER.HOW CAN DOUGY COLLECT A PENSION AND HOLD OFFICE AND ALL OTHERS CANNOT.EXCEPT... WAIT WASN'T FEDERAL PRISONER MIKE FORDE COLLECTING A PENSION AND HOLDING OFFICE??DIDN'T MIKE FORDE HAVE SO MANY HOURS HE TO WAS GIVEN A SUPPLEMENTAL PENSION FUND LIKE LAFUFENBERG??