Tim McQuiston
Future uncertain for rural and e911 cell service
CoverageCo submits plan to state as service remains in limbo in Whitingham, Townshend, and other rural communities
CoverageCo submitted a preliminary plan on June 30 for restoring and expanding its rural cell/e911 service, nearly all of which is currently shut down.
It could remain shut down unless Consolidated Communications, the state's largest telecom, either comes back on board or a different telecommunications solution presents itself.
Court requires Harmon, Fritz, et al, to pay $2,450,000 to Sonnax ESOP
Ordered to pay $2.225m toward employees’ stock-ownership plan to settle charges that company shares were overvalued
After a U.S. Department of Labor Employee Benefits Security Administration investigation, the U.S. District Court for the District of Vermont has entered a consent judgment requiring the fiduciaries of the Sonnax Industries' employee stock ownership plan (ESOP) to pay $2,225,000 to the plan. The judgment resolves violations of the...