Filed: Mar. 26, 2018
Latest Update: Mar. 26, 2018
Summary: REVISED ORDER MODIFYING PAYMENT SCHEDULE FOR MR. JEFFREY SAMPSON JAMES L. ROBART , District Judge . Plaintiff-Petitioner, R. Alexander Acosta, Secretary of Labor, U.S. Department of Labor, along with Mr. Jeffrey Sampson, Defendant-Respondent, having submitted a proposal to modify the Court's Order regarding Mr. Sampson's payments to satisfy the Consent Judgment of this Court, entered on Jan. 9, 2012; and, it appearing to this Court that the proposed modified payment schedule is appropriate
Summary: REVISED ORDER MODIFYING PAYMENT SCHEDULE FOR MR. JEFFREY SAMPSON JAMES L. ROBART , District Judge . Plaintiff-Petitioner, R. Alexander Acosta, Secretary of Labor, U.S. Department of Labor, along with Mr. Jeffrey Sampson, Defendant-Respondent, having submitted a proposal to modify the Court's Order regarding Mr. Sampson's payments to satisfy the Consent Judgment of this Court, entered on Jan. 9, 2012; and, it appearing to this Court that the proposed modified payment schedule is appropriate;..
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REVISED ORDER MODIFYING PAYMENT SCHEDULE FOR MR. JEFFREY SAMPSON
JAMES L. ROBART, District Judge.
Plaintiff-Petitioner, R. Alexander Acosta, Secretary of Labor, U.S. Department of Labor, along with Mr. Jeffrey Sampson, Defendant-Respondent, having submitted a proposal to modify the Court's Order regarding Mr. Sampson's payments to satisfy the Consent Judgment of this Court, entered on Jan. 9, 2012; and,
it appearing to this Court that the proposed modified payment schedule is appropriate; it is hereby
ORDERED that Defendant-Respondent Sampson will make a payment to the appointed Independent Fiduciary of $1,000 by March 30, 2018 in lieu of repaying payments due to date; and it is further
ORDERED that Defendant-Respondent Sampson will make quarterly payments in the amount of $4,000 starting on April 15, 2018 toward his obligation to the Plan and under the Consent Judgment, and will continue to make quarterly payments due on the 15th of July, October, January and April until the Plan is wholly compensated; and it is further
ORDERED that Defendant-Respondent Sampson will provide timely information about changes to his financial circumstances to the Secretary of Labor to accelerate the resolution of his obligation to the Plan; and will submit a financial affidavit to the Secretary of Labor at least annually at the beginning of each calendar year.