Zale Corporation Retirement Plan Investigated -- Employees May have Right to Recover Money |
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Kahn Gauthier Swick, LLC is investigating the financial losses suffered by employees and former employees of Zale Corporation (NYSE:ZLC) who participated in the company's 401(k) plan under the Employee Retirement Income Security Act of 1974 ("ERISA").
Zale Corporation and its ERISA Plan administrators may have violated the law and breached important duties of trust and prudence owed to Plan participants. Zale employees' 401(k) accounts may have been weighted too heavily with Zale stock. Further, these accounts may have been overly invested in Zale stock during the time Zale shares declined significantly in value, thereby resulting in excessive losses for Zale employees.
Kahn Gauthier Swick is interested in speaking with anyone who participated in Zales' 401(k) plan. You may reach Kahn Gauthier Swick toll free at 1-866-467-1400.
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