Loren D. Stark Company
Randall & Hurley, Inc.
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|Text of Class Action 401(k) Complaint Filed Against WorldCom, Inc. and Individual Fiduciaries (PDF)|
U.S. District Court for the Southern District of Mississippi, published online by Mercer Human Resource Consulting - mercerhr.com
July 25, 2002
16 pages. Excerpt: Defendants breached their duties of prudence, care and loyalty by, inter alia, imprudently permitting and/or causing the investment of Plan assets in grossly overvalued WorldCom stock, failing to provide participants with complete and accurate information regarding the risks associated with investing in WorldCom stock, encouraging employees to invest their retirement monies in WorldCom common stock ...
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