NEW YORK, June 30, 2017 /PRNewswire/ -- Stull, Stull &
Brody today announced that it has commenced an investigation
relating to the 401(k) defined contribution plan of Sears Holdings
Corp (NASDAQ:SHLD) ("Sears" or the "Company"). Among other things,
Stull, Stull & Brody is investigating whether fiduciaries of
Sears's 401(k) plan violated the Employee Retirement Income
Security Act of 1974 ("ERISA") by offering Sears common stock as an
investment option for Sears 's employees and retirees investing in
Sears 's 401(k) plan. Sears common stock has lost approximately 85%
of its value over the last three years as it became increasingly
clear that the Company's prospects were bleak, if existent.
If you held the Sears common stock in an individual account
under any of the Company's 401(k) plans during the last three years
and have questions about your legal rights or interests with
respect to these matters, please contact Michael Klein, Esq. at Stull, Stull & Brody
by e-mail at SHLD@ssbny.com, by calling toll-free 1-800-337-4983
x147, by fax to 1-212-490-2022, or by writing to Stull, Stull &
Brody, 6 East 45th Street, New York,
NY 10017. You can also visit our website at
www.ssbny.com.
You may retain Stull, Stull & Brody, or other counsel of
your choice, to represent you. Stull, Stull & Brody has
litigated many class actions for violations of securities laws in
federal courts over the past 40 years and has obtained court
approval of substantial settlements on numerous occasions. Stull,
Stull & Brody maintains offices in New York and Beverly Hills.
Attorney Advertising. Prior Results Do Not Guarantee A Similar
Outcome.
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SOURCE Stull, Stull & Brody