Update Regarding Lawsuit on Behalf of Participants in the 401(k) Plan of Chicago Bridge & Iron Company N.V. (NYSE: CBI) Announced by Stull, Stull & Brody
The lawsuit alleges that fiduciaries of CBI's 401(k) plan violated the Employee Retirement Income Security Act of 1974 ("ERISA") by offering CBI 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 CBI stock in an individual account under a Company 401(k) plan during 2013 and 2014 and you have questions about your legal rights or interests with respect to these matters, please contact Jason D'Agnenica, Esq. at Stull, Stull & Brody by e-mail at [email protected], by calling 212-687-7230 x145, by fax to 1-212-490-2022, or by writing to Stull, Stull & Brody,
The action focuses on whether, since
Stull & Brody, or other counsel of your choice, to represent you. Stull, Stull & Brody has litigated many class actions for violations of ERISA and securities laws in federal courts over the past 40 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody maintains offices in New York and
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