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Corporate & Securities Law

: FinancialCounsel

SNSFE Investigates ERISA Claims Versus Lehman Brothers For Imprudent Investments In Company Stock For Lehman Brothers' Employees

By James Eccleston

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SNSFE attorneys are investigating potential claims against Lehman Brothers Holding (NYSE: LEH) for violations of ERISA. The investigation involves investments in the Lehman Brothers Savings Plan and whether Lehman Brothers and other administrators of the Plan might have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the Plan. A breach might have occurred if the fiduciaries failed to manage the assets of the Plan read more

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Full post as published by FinancialCounsel on June 27, 2008 (boomark / email).

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