Labor Dept. Notches Win Over Fiduciaries of Troubled Health Fund

The Labor Department obtained a court order blocking the people in charge of a troubled multiple employer health fund from taking any further actions that could harm the fund.

A federal judge on Dec. 13 granted the department’s request for an injunction against AEU Holdings LLC and related entities in charge of a multiple employer welfare arrangement (MEWA) that, at its height, provided health and welfare benefits to about 14,000 people across 36 states. According to the department, the MEWA failed to pay more than $29 million in benefit claims, leaving plan participants with outstanding medical bills and leaving ...