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The Goldman Sachs Group, Inc. Lawsuit


401k / ERISA Stock Fraud


The Goldman Sachs Group, Inc.

The Goldman Sachs Group, Inc. NYSE: GS has been accused of securities fraud. If you are a current or former employee or are a member of any of The Goldman Sachs Group, Inc. investment plans or profit sharing retirement plans you may be included in this possible The Goldman Sachs Group, Inc. 401K or Employee Retirement Income Security Act (ERISA) class action. If you purchased or held The Goldman Sachs Group, Inc. stock in one of those plans during the periods March 25, 2003 to February 13, 2008, you may have a claim.

Under ERISA, The Goldman Sachs Group, Inc. employees can file a lawsuit against the company for putting stock options at risk. The Goldman Sachs Group, Inc. 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.

Register your The Goldman Sachs Group, Inc. 401K / ERISA Complaint

If you have suffered from The Goldman Sachs Group, Inc. 401K plan losses, you may qualify for damages or remedies that may be awarded in a possible The Goldman Sachs Group, Inc. ERISA class action lawsuit. Please click the link below to submit your complaint and we will have a lawyer review your ERISA complaint.

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