Lawsuits Impacting Company Stock in Retirement Accounts

The Philadelphia Inquirer has an article by Todd Mason–“Easing up on company stock“–which discusses the impact that class-action lawsuits are having on companies’ offering company stock as a match or an investment. (The article reports that Seattle-based Keller Rohrback has “18 class-action suits alleging fraud in 401(k) plans and company stock, including one filed in February against Cigna Corp.”)