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BP ERISA Plan Lawyer Interviews

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Lawyer Interviews provide in-depth legal news and information based on professional interviews with a lawyer specializing in the lawsuit being discussed. These interviews are meant to provide potential claimants with information needed to determine if they should also pursue a legal claim for injuries or losses they may have sustained in a similar case.

BP ERISA: Was Company Stock a Prudent Investment?

BP ERISA: Was Company Stock a Prudent Investment? July 31, 2010. By Heidi Turner.
Miami, FL Managers of company benefits plans have a duty to act in the best interests of plan participants. Lawsuits filed recently, however, allege that plan fiduciaries failed to prudently invest the assets of BP employee benefits plans and violated ERISA (Employee Retirement Income Security Act) laws.
Read [ BP ERISA: Was Company Stock a Prudent Investment? ]

Attorney Greg Porter Speaks about BP ERISA

Attorney Greg Porter Speaks about BP ERISA June 19, 2010. By Heidi Turner.
Washington, DC The repercussions of the massive Gulf of Mexico oil spill on those who worked on the Deepwater Horizon oil rig and those who live on the Gulf of Mexico have been well-documented. One group that has gone largely unnoticed, however, are BP employees who participate in BP's savings and 401(k) plans. Their plans' assets have lost approximately $1 billion this year on investments in BP stock. Attorneys are now investigating a potential lawsuit against BP.
Read [ Attorney Greg Porter Speaks about BP ERISA ]

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