NEW YORK, July 2, 2015 /PRNewswire/ -- Morgan & Morgan
is investigating Arch Coal, Inc. ("Arch Coal" or the "Company")
(NYSE: ACI) concerning possible violations of the Employee
Retirement Income Security Act of 1974 ("ERISA").
The investigation concerns whether certain fiduciaries of Arch
Coal's 401(k) plan violated ERISA by offering Arch Coal stock as an
investment option under the plan when it was not prudent to do so,
and by failing to disclose the Company's true financial and
operating condition to participants and beneficiaries of the
plan.
If you held Arch Coal stock in an individual account under any
of the Company's 401(k) plans and would like additional information
about the investigation, please contact Morgan & Morgan
at 1(800) 732-5200 or email
info@morgansecuritieslaw.com.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to shareholder rights, the firm also
practices in the areas of antitrust, personal injury, consumer
protection, overtime, and product liability. All of the
Firm's legal endeavors are rooted in its core mission: provide
investor and consumer protection and always fight "for the
people."
Attorney advertising. Prior results do not guarantee a similar
outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan