X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(Bloomberg) — RadioShack Corp., which has seen its shares collapse as it fights a losing battle with big-box electronics stores and online rivals, is being probed by the U.S. Labor Department over its handling of employees’ retirement money.

The department wrote the company last month to say it would investigate its 401(k) plan from 2011 on to ensure it was following U.S. rules for retirement plans, RadioShack said in a filing with the Securities and Exchange Commission yesterday. At least three lawsuits have been filed against the company since then, it said in the filing.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.