LawFuel - lawsuit has been commenced against General Motors Corporation
LawFuel - law, attorney, lawyer, legal news and legal resources: "PHILADELPHIA April 18, 2005- LAWFUEL - The Law News Network -Goldman Scarlato & Karon, P.C., a law firm with offices in Philadelphia, PA and Cleveland, OH, today announced that a lawsuit has been commenced against General Motors Corporation ('GM' or the 'Company') (NYSE:GM - News) for violations of the Employee Retirement Income Security Act of 1974 ('ERISA'). The lawsuit focuses on investments in Company stock by the GM Employee Retirement Plan ('the Plan') between March 17, 1999 and the present. (Full story at link)The lawsuit focuses on concerns that GM and other fiduciaries for the Plan breached their ERISA-mandated fiduciary duties of loyalty and prudence by failing to prudently and loyally manage the Plans' assets."
posted by Monkeyman @ 8:47 AM
0 Comments:
Post a Comment
<< Home