SEATTLE, March 5, 2009 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.erisafraud.com) today announced that it is investigating ING Groep N.V. ("ING" or the "Company") (NYSE:ING) for potential violations of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The investigation focuses on investments in Company stock in the ING Americas Savings Plan & ESOP and the ING Bank & Trust 401k Plan for Iliac Agents (collectively, the "Plans").
Keller Rohrback's investigation involves concerns that ING and other administrators of the Plans may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the Plans. A breach may have occurred if the fiduciaries failed to manage the assets of the Plans prudently and loyally by investing the assets in Company stock when it was no longer a prudent investment for participants' retirement savings.
If you are a participant in the ING Americas Savings Plan & ESOP or the ING Bank & Trust 401k Plan for Iliac Agents and held ING stock in the Plans, you may contact paralegal Jennifer Tuato'o or attorneys Erin Riley, Derek Loeser, or Lynn Sarko toll free at (800) 776-6044, or via e-mail at investor@kellerrohrback.com.
Keller Rohrback is one of America's leading law firms handling ERISA retirement plan litigation. We are committed to helping employees and retirees protect their retirement savings. Keller Rohrback serves as lead and co-lead counsel in numerous ERISA class action cases, including cases against Enron, WorldCom, HealthSouth, Merrill Lynch, Bear Stearns, and Wachovia. Keller Rohrback has successfully provided class action representation for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.