District Court, S.D. New York September 28, 2016, 12-cv-8648 (GBD) (Perez v. First Bankers Trust Services, Inc.)

OPINION

George B. Daniels, United States District Judge.

Plaintiff, the Secretary of the United States Department of Labor, brought this action alleging that Defendant First Bankers Trust Services, Inc. (“FBTS”) violated the Employee Retirement Income Security Act of 1974 (“ERISA”), 29 U.S.C. §§ 1001, et seq., by approving the sale of 49% of Maran, Inc.