You are here:
Home /
News / BP ERISA: Was Company Stock a Prudent Investment?
BP ERISA: Was Company Stock a Prudent Investment?
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.