Crestview doctor, trustee to repay employees' share of stock ownership

Published: Thursday, July 18, 2013 at 10:49 AM.

The lawsuit also alleged the medical group’s accounting firm, Iowa-based Oden and Thielking, knew or should have known that the price of the medical group’s stock was inflated. The accounting firm was not a party to the consent judgment. 

The judgment bars the defendants from ever overseeing another employee benefit plan subject to the Retirement Income Security Act, the news release said.

An “independent fiduciary” will be appointed to administer the existing plan, it said.

Contact Northwest Florida Daily News Staff Writer Tom McLaughlin at 850-315-4435 or Follow him on Twitter @TomMnwfdn.

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