Re(1): Parker Lawsuit IP: 220.127.116.11 Posted on January 17, 2016 at 09:49:47 AM by Fred Urbuteit
The Court ruled in favor of our Attorney and against the Insurance Co.
What I will never understand is why the Trustees at that time did not settle for the $30,000.00 ( thirty thousand ) they were offered back some 7 or 8 yrs ago.
I also will never understand why the Board paid the Plan Attorneys, when the Insurance Co. furnished one for free.
Our Fund shelled out a total, to date, of $856,580.41( Eight Hundred Fifty Six thousand Five Hundred Eighty Dollars and Forty One cents ).This has not been paid for by the Insurance Co. , AS YET. ( and probably will not ).
Hopefully the present and future Trustees will learn by mistakes of the past and not waste so much of the Funds Assets.
Fred Urbuteit Replies: There have been no replies.
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