FIXED INCOME BOND FUNDS
Keller Rohrback L.L.P. is investigating losses in fixed income bond funds in retirement plans across the country for potential violations of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). The investigation focuses on investments in Fixed Income Bond Funds offered to participants and beneficiaries of retirement plans.
Keller Rohrback’s investigation involves concerns that fund investment managers may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of various retirement plans who invested portions of their 401(k) plan accounts in conservative Fixed Income Bond Funds. A breach may have occurred if the investment managers or fiduciaries failed to manage the assets of the plans prudently and loyally by investing the assets of the Fixed Income Bond Funds in high-risk or highly leveraged financial instruments tied to mortgage-backed securities when it was not a prudent investment for participants’ retirement savings or a conservative Fixed Income Bond Fund.
If you invested in a Fixed Income Bond Fund in your retirement plan and suffered losses, you may contact paralegal Jennifer Tuato’o or Erin Riley, Derek Loeser, or Lynn Sarko toll free at (800) 776-6044, or via e-mail at investor@kellerrohrback.com.
Keller Rohrback is one of America’s leading law firms handling ERISA retirement plan litigation. We are committed to helping employees and retirees protect their retirement savings. Keller Rohrback serves as lead and co-lead counsel in numerous ERISA class action cases, including cases against Enron, WorldCom, Marsh & McLennan, Merrill Lynch, Bear Stearns, and Wachovia. Keller Rohrback has successfully provided class action representation for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.