WASHINGTON, D.C. - A nonfiduciary financial planner who marketed a tax avoidance scheme as a multiple-employer welfare arrangement (MEWA) to several employers filed a petition for a writ of certiorari on Feb. 5, seeking review of a Third Circuit U.S. Court of Appeals ruling finding that he is liable under Employee Retirement Income Security Act Section 502(a)(3) for knowingly participating in a prohibited transaction in connection with the MEWA (James W. Barrett v. Universal Mailing Service, Inc...(read more)![]()
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