It works because it's fun, social, creative and easy and it's massively more efficient, both in cost and labor, than traditional fund raising techniques.

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In the second decision, a federal judge in New York chucked out a class-action suit after discovering that the plaintiff, a labor-union pension fund, never owned the shares it claimed it lost money on.

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With the August recess looming and the U.N. fund-raiser coming right after Labor Day, there is no time to waste.

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They may have labor law expertise, but soon they begin advising fund boards on money management contracts and other investment issues.

FORBES: Expert View

The hedge fund crowd is licking its wounds heading into the Labor Day weekend after getting clobbered by the market.

FORBES: Hedge Funds Are Getting Clobbered In 2012

Under a new labor contract the uaw will take over a health care trust fund to pay for union retirees' health care starting in 2010.

FORBES: Magazine Article

Under a new labor contract, the UAW will take over a health-care trust fund to pay for union retirees' health care starting in 2010.

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The Labor Department's long-awaited rules will require that mutual-fund firms and other 401(k) administrators disclose to employers details about the fees they are charging to run the plans.

WSJ: 401(k) Plans Step Into the Sunshine