Federal court orders Louisville technology services provider, retirement savings plan to repay $575K to plan participants
Date of action: September 28, 2023 Type of action: Employee Retirement Income Security Act consent order and judgment Names of defendants: Sypris Solutions Inc. and Sypris Solutions 401(k) Merged Retirement Savings Plan Background: On December 27, 2017, the U.S. Department of Labor filed a complaint in the U.S. District Court, Western District of Kentucky, Louisville Division, alleging that Sypris Solutions