Randall & Hurley, Inc.
Loren D. Stark Company
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|Pension Expert Analyzes Fiduciary Duties in Light of Enron|
Thompson Publishing Group
Mar. 6, 2002
Excerpt: According to [employee benefits attorney Michael] Melbinger, restricting participants from selling the company's stock until retirement or separation from service may diminish section 404(c)'s protection because the company could be viewed as exerting undue influence over participants' investment decisions.... To minimize risk, the employer must provide investment education that clearly advises employees that a large investment in a single security is risky.
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