Thread regarding General Electric Co. layoffs

Investigation Relating to 401(k) Plans of General Electric Company

Anyone have any more info on the 401k investigation?

https://globenewswire.com/news-release/2017/11/18/1197162/0/en/Investigation-Relating-to-401-k-Plans-of-General-Electric-Company-NYSE-GE-Announced-by-Stull-Stull-Brody.html

Stull, Stull & Brody today announced that an ERISA action has been filed and that it has

commenced an investigation relating to the 401(k) defined contribution plans of General Electric Company (NYSE:GE) ("GE" or the "Company"). Among other things, Stull, Stull & Brody is investigating whether fiduciaries of GE 's 401(k) plans violated the Employee Retirement Income Security Act of 1974 ("ERISA") by offering investment options with high fees that benefitted GE at the plans’ participants’ expense.

by Anonymous
| 2781 views | | 4 replies (last ) | Reply
Post ID: @OP+QnADYi6
Comment! It's anonymous!

4 replies (most recent on top)

It's not taking advantage when your money lost value due to a financially engineered lack of good 401k investment options.

by Anonymous
| | Reply
Post ID: @egk+QnADYi6

Several law firms are advertising to take advantage of a bad situation and to make easy money.

by Anonymous
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Post ID: @unm+QnADYi6

It is an investors notice that Layers are looking into GE's 401k offerings. Lawyers asking if anyone was affected by GE offering poor 401k options that benefited GE over investors.

Do you know anything about this?

by Anonymous
| | Reply
Post ID: @sot+QnADYi6

Lawyer advertising! Shame on you, you scumbag

by Anonymous
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Post ID: @hth+QnADYi6

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