Legal Question in Employment Law in California

Employers And IRAs

My employer was supposed to put money into an IRA for several coworkers and I, he failed to do so for about a year and a half. Is my employer liable for the interest not received and what other obligations, if any, is my employer responsible for? Is there an agency that I can report this too? Thanks.


Asked on 6/12/01, 4:43 pm

1 Answer from Attorneys
OCEAN BEACH ASSOCIATES OCEAN BEACH ASSOCIATES

Re: Employers And IRAs

You may have an action for fraud, breach of fiduciary duty, breach of contract, and negligence. You and your co-workers should obtain representation immediately. The best "agency" in this instance to compain to is the SUPERIOR COURT!!! Please call me directly at (619) 222-3504 at your earliest convenience.

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Answered on 6/15/01, 12:20 pm


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