LGS owner to pay US$170k pension plan deficit

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US - Lodging and Gaming Systems (LGS) owner Steven Urie has been ordered to pay nearly US$170,000 into the bankrupt firm's 401(k) plan after he was sued by the Department of Labor (DoL).

A DoL investigation revealed Urie had failed to collect delinquent employer contributions and to forward to the plan employee contributions and loan repayments deducted from employee paychecks duri...

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