Kenexa Corporation KNXA 401(k) / ERISA Stock Fraud

Kenexa Corporation has been accused of securities fraud. If you are a current or former employee or are a member of any of Kenexa Corporation investment plans or profit sharing retirement plans you may be included in this possible Kenexa Corporation 401(k) or Employee Retirement Income Security Act (ERISA) class action. If you purchased or held Kenexa Corporation stock in one of those plans during the periods May-8-07 to Nov-7-07, you may have a claim.

Under ERISA, Kenexa Corporation employees can file a lawsuit against the company for putting stock options at risk. Kenexa Corporation employees have a claim if they can prove their employer violated its fiduciary duty to its employees. Fiduciary duty refers to a company's responsibility to the people who invest in it. If an employer puts the company's interest ahead of the investors', it has broken its fiduciary duty. A fiduciary is a person that exercises discretion over the management of plan assets or exercises discretionary control over the administration of the plan.

ERISA is a federal law that sets minimum standards for pension and health plans set up by private businesses. ERISA was designed to protect people who participate in employee benefit plans, including employees with stock options in a company. Stock options are a form of compensation in which employees are given the opportunity to purchase shares of the company stock at a certain price.

Kenexa Corporation 401(k) / ERISA Legal Help

If you have suffered from Kenexa Corporation 401(k) plan losses, you may qualify for damages or remedies that may be awarded in a possible Kenexa Corporation ERISA class action lawsuit. Please click the link below to submit your complaint and we will have a lawyer review your ERISA complaint.

Related Law Suits

Kenexa Corporation Law Suit and Settlement

First American Corporation Law Suit and Settlement

Elan Corporation, plc Law Suit and Settlement

Emcore Corporation Law Suit and Settlement

Genzyme Corporation Law Suit and Settlement

BankUnited Financial Corporation Law Suit and Settlement

Wachovia Corporation 401(k) / ERISA Stock Fraud Law Suit and Settlement

Terex Corporation 401(k) / ERISA Stock Fraud Law Suit and Settlement

State Street Corporation 401(k) / ERISA Stock Fraud Law Suit and Settlement

Kohlberg Capital Corporation 401(k) / ERISA Stock Fraud Law Suit and Settlement

See more stories from this source.

Class Action Law Suits

Newsworthy Law Suits
Defective Products Lawsuits
Discrimination Lawsuits
Drug & Medical Claims Lawsuits
Food & Dietary Supplement Lawsuits
Insurance Lawsuits
Malpractice Lawsuits
Personal Injury Lawsuits
Real Estate Lawsuits
Investment Fraud Lawsuits

Related Law Articles

Employment Contracts
General Contract Law Principles

Employee Lawsuits (An Introduction and Topic Overview)
How employers can cope with the siege of employee lawsuits

Employee Lawsuits: Negligent Hiring and Retention
Employers must check references, criminal records, other background material.

is===1

Related Law Questions

Can a former employee use photographs of jobs completed whie working for me in marketing material for a new business?
There are several issues here

1. Sub contractor started up a compe...

I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...

I was fired on June 3, 2002 in Massachusetts because I reported discriminatory behavior by the employer towards a particular nationality. In July I filed a discrimination/retaliation complaint against the employer with t
It seem sin your case that the fact you filed the complaint prior to being dissa...

What can be done to stop "Harry T. Keane Jr" from persuig his Entertainment Fraud Business ?
Harry Keane in the Dallas Tx area is a fraud. He cannot tell the truth. His whol...

How can an employer defend themselves for firing an employee who contends the company exposed him to hazardardous atmospheres although medical testing has been negative?
You'll need to contact OSHA to determine your responsibility as far as the work ...

Related Law Bulletins

Summary Judgement for Dismissal of Personal Injury Lawsuits Require Establishment that Defendant didn't Create the Dangerous Condition of have actual or Constructive Notice of its Existence.
After picking up lunch from the deli counter of a local ...

Should I Sue? Examining the Complex Question and the Role Apologies Play in Medical Malpractice Lawsuits
WBUR examines the medical apologies issue: On WBUR, a Boston NPR s...

Bill Proposes to Allow Sex Abuse Victims to File Injury Lawsuits in Maryland
In Maryland, Baltimore County legislator Eric M. Bromwell has intr...

Customers voluntarily dismiss Taco JohnÂ’s from E. coli lawsuits ...
Taco John's has been dismissed from a set of vicarious liability ...

U.S. Supreme Court Deals Blow to Lawsuits Against Defective Products
Last week, the U.S. Supreme Court ruled that private lawsuits agai...

Lawyers! Become an Approved Expert to Answer Questions.

Apply Now!
You'll get lots of targetted traffic to your website and new client leads!