Law Practice
Jun. 10, 2009
Shartsis Friese Blames JPMorgan for $1 Million Retirement Plan Error
In a trial that opened Monday in federal court in San Francisco, the law firm's attorney, Frank Cialone, claimed the consultants' shoddy advice led the firm to set its profit-sharing contributions to its retirement plan at a level that could disqualify it from tax benefits under the Employee Retirement Income Security Act.




Daily Journal Staff Writer SAN FRANCISCO - Law firm Shartsis Friese blamed its retirement consultants at JPMorgan Chase & Co. Monday for a more than $1 million mistake in calculating contributions to its retirement plan. In a trial that opened Monday before federal Judge Samuel Conti of the Northern District of California, Shartsis attorney Frank Cialone claimed the consultants' shoddy advice led the firm to set its profit-sha...
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