Law Offices of Howard G. Smith Announces Investigation on Behalf of Current and Former Employees of Schering-Plough Corporation Who Invested in the Schering-Plough Retirement Plan
Wednesday April 9, 8:37 pm ET
BENSALEM, Pa., April 9 /PRNewswire/ -- Law Offices of Howard G. Smith announces that it is investigating claims against Schering-Plough Corporation ("Schering-Plough" or the "Company")(NYSE: SGP - News) concerning whether the Schering-Plough Retirement Plan (the "Plan") imprudently invested in Schering-Plough stock and whether the Plan's administrators breached their fiduciary duties to the Plan's participants in violation of the Employee Retirement Income Security Act of 1974.
The investigation concerns whether Schering-Plough and other administrators of the Plan failed to prudently and loyally manage the Plan's investments in Schering-Plough Corp. stock by continuing to offer Company stock when the stock was no longer a prudent investment for participants' retirement savings.
If you are a current or former employee who participated in, or continues to participate in, the Schering-Plough Retirement Plan and have information or would like to learn more about these claims, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll-Free at (888) 638- 4847, or by email to firstname.lastname@example.org.
If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, Toll-Free at (888) 638-4847, by email to email@example.com.