LAWSUITS NEWS & LEGAL INFORMATION
Cooper Tire & Rubber Co, CTB 401(k) / ERISA Lawsuit
Cooper Tire & Rubber Co, has been accused of securities fraud. If you are a current or former employee or are a member of any of Cooper Tire & Rubber Co, investment plans or profit sharing retirement plans you may be included in this possible Cooper Tire & Rubber Co, 401(k) or Employee Retirement Income Security Act (ERISA) class action. If you purchased or held Cooper Tire & Rubber Co, stock in one of those plans during the periods Jun-12-13 to Nov-8-13, you may have a claim.
Under ERISA, Cooper Tire & Rubber Co, employees can file a lawsuit against the company for putting stock options at risk. Cooper Tire & Rubber Co, employees have a claim if they can prove their employer violated its fiduciary duty to its employees. Fiduciary duty refers to a company's responsibility to the people who invest in it. If an employer puts the company's interest ahead of the investors', it has broken its fiduciary duty. A fiduciary is a person that exercises discretion over the management of plan assets or exercises discretionary control over the administration of the plan.
ERISA is a federal law that sets minimum standards for pension and health plans set up by private businesses. ERISA was designed to protect people who participate in employee benefit plans, including employees with stock options in a company. Stock options are a form of compensation in which employees are given the opportunity to purchase shares of the company stock at a certain price.
If you are NOT a current or former employee of this company, please use this form to register your complaint.
Published on Jan-20-14
Under ERISA, Cooper Tire & Rubber Co, employees can file a lawsuit against the company for putting stock options at risk. Cooper Tire & Rubber Co, employees have a claim if they can prove their employer violated its fiduciary duty to its employees. Fiduciary duty refers to a company's responsibility to the people who invest in it. If an employer puts the company's interest ahead of the investors', it has broken its fiduciary duty. A fiduciary is a person that exercises discretion over the management of plan assets or exercises discretionary control over the administration of the plan.
ERISA is a federal law that sets minimum standards for pension and health plans set up by private businesses. ERISA was designed to protect people who participate in employee benefit plans, including employees with stock options in a company. Stock options are a form of compensation in which employees are given the opportunity to purchase shares of the company stock at a certain price.
Cooper Tire & Rubber Co, 401(k) / ERISA Legal Help
If you have suffered from Cooper Tire & Rubber Co, 401(k) plan losses, you may qualify for damages or remedies that may be awarded in a possible Cooper Tire & Rubber Co, ERISA class action lawsuit. Please click the link below to submit your complaint and we will have a lawyer review your ERISA complaint.If you are NOT a current or former employee of this company, please use this form to register your complaint.
Published on Jan-20-14
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