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Classified in: Business
Subject: ATY

Morgan & Morgan Announces an Investigation Involving Arch Coal, Inc.'s 401 (k) Plan - ACI



NEW YORK, July 2, 2015 /PRNewswire/ -- Morgan & Morgan is investigating Arch Coal, Inc. ("Arch Coal" or the "Company") (NYSE: ACI) concerning possible violations of the Employee Retirement Income Security Act of 1974 ("ERISA").

The investigation concerns whether certain fiduciaries of Arch Coal's 401(k) plan violated ERISA by offering Arch Coal stock as an investment option under the plan when it was not prudent to do so, and by failing to disclose the Company's true financial and operating condition to participants and beneficiaries of the plan.

If you held Arch Coal stock in an individual account under any of the Company's 401(k) plans and would like additional information about the investigation, please contact Morgan & Morgan at 1(800) 732-5200 or email info@morgansecuritieslaw.com.

About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms.  In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY  10036
1-800-732-5200
info@morgansecuritieslaw.com

 

 

SOURCE Morgan & Morgan


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News published on 2 july 2015 at 14:00 and distributed by: