Jeffrey Hoops, former CEO of coal companies Blackjewel LLC and Revelation Energy LLC, was at the center of two labor enforcement actions announced Tuesday that total nearly $2 million in penalties. The United States Department of Labor reported over $1.2 million in unpaid medical claims and ordered Blackjewel 401(k) plan trustees to pay roughly $637,000 after finding Hoops and other company executives Drew Kesler and Donald Hetrick diverted employee retirement contributions to pay for company expenses.
Jeffrey Hoops, former CEO of coal companies Blackjewel LLC and Revelation Energy LLC, was at the center of two labor enforcement actions announced Tuesday that total nearly $2 million in penalties. The United States Department of Labor reported over $1.2 million in unpaid medical claims and ordered Blackjewel 401(k) plan trustees to pay roughly $637,000 after finding Hoops and other company executives Drew Kesler and Donald Hetrick diverted employee retirement contributions to pay for company expenses.
HUNTINGTON — Blackjewel’s saga continued last week after the company’s former CEO Jeffery A. Hoops, his wife, Patricia Hoops, and Clearwater Investment Holdings LLC filed a motion Feb. 10 to