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In separate actions, Labor Department alleges safety violations at Burlington Township firm and improper investing by Vernon and Shirley Hill

Vernon Hill II, who resigned as Republic Banks CEO and chairman in July, says bank is wrongly using images of himself and his dog

Vernon and Shirley Hill will pay more than $2 million after claims the couple invested as much as 70% of a profit-sharing plan’s assets in the stock of Metro Bank PLC, where Vernon Hill was the founder and chairman.

The fiduciaries of a retirement plan were ordered to pay more than $2 million to settle litigation and DOL charges that they mismanaged plan assets.

Updates from capital hill this weekend include the release of political prisoners in Belarus, SEC charging Compass Minerals for misleading investors, Hurricane Fiona reports, FERC proposes incentives for voluntary cybersecurity investments, and DOJ enforcement.

Even as stock prices fell, the Hills kept their stakes in two companies to enrich themselves, per the lawsuit.