Stull, Stull & Brody Announces Investigation On Behalf Of Participants And Beneficiaries Of The BP Employee Savings Plan
Attorney Advertising. Stull, Stull & Brody announced today that it has commenced an investigation relating to the 401(k) defined contribution retirement plans of BP Corporation North America Inc. (hereinafter “BP” or the “Company”), an indirect wholly owned subsidiary of BP p.l.c. (“BP”) (NYSE: BP). Among other things, Stull, Stull & Brody is investigating whether fiduciaries of the BP 401(k) plan may have violated the Employee Retirement Income Security Act of 1974 (“ERISA”) by continuing to offer and maintain the BP Stock Fund as a BP Employee Savings Plan investment option when it was imprudent to do so, and by failing to disclose true and accurate risks regarding the Deepwater Horizon rig to the 401(k) plan participants.
If you held BP stock in an individual account under any of the Company’s 401(k) plans at any time since January 1, 20010 you may, if you wish, consult with a representative of Stull, Stull & Brody at no cost or obligation. The contact information for Stull, Stull & Brody is as follows:
Email: email@example.comFax: (212) 490-2022Toll Free Number: 1-800-337-4983(Michael J. Klein, Esq.)
Mail: Stull, Stull & Brody6 East 45th StreetNew York, NY 10017Stull, Stull & Brody has extensive experience in protecting the rights of 401(k) plan participants and beneficiaries and shareholders of public companies. Stull, Stull & Brody is presently representing classes of 401(k) plan participants in many class action cases throughout the country. Stull, Stull & Brody maintains offices in New York and Los Angeles. Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
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