NEW YORK, Feb. 11, 2016 /PRNewswire/ -- Levi & Korsinsky LLP is investigating possible illegal conduct related to SunEdison's (NYSE: SUNE) Retirement Savings Plan. The investigation concerns possible violations of the Employee Retirement Income Security Act of 1974 ("ERISA").
In particular, the investigation concerns whether the fiduciaries of the Plan violated ERISA by continuing to offer and maintain SunEdison stock as an investment option in the plan, even after the fiduciaries knew or should have known that SunEdison stock was artificially inflated, that the Company was in poor financial condition, and that the Company faced equally poor long term prospects, thus making it an imprudent retirement investment. If you have or had an individual account with the SunEdison Retirement Savings Plan as an employee or former employee, and your account holds or held shares of SunEdison stock, contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/investigation/sunedison-retirement-savings-plan-pr.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
SOURCE Levi & Korsinsky, LLP