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Berger & Montague, P.C.
Class Action Filed Against Northern Trust Investments, N.A. and the Northern Trust Company Alleging Violations of Fiduciary Duty on Behalf of 401k Plans, Pension Plans and Participants
April 18th, 2009
The law firms of Berger & Montague, P.C. (www.bergermontague.com), Schneider Wallace Cottrell Brayton Konecky LLP (www.schneiderwallace.com), Bailey & Glasser LLP (www.baileyglasser.com) and Fishman Haygood Phelps Walmsley Willis & Swanson, L.L.P. (www.fishmanhaygood.com) announce the filing of a class action lawsuit on behalf of all 401(k) and pension plans that invested or maintained investments between January 1, 2007 and the present in any collective trusts (the "Collective Trusts") managed or operated by The Northern Trust Company or Northern Trust Investments, N.A. (the "Northern Trust Defendants"), where such Collective Trusts engaged in the practice known as "security lending." The...
Source: Law & Health Weekly (2009-04-18)
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