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Text of DOL Factsheet on DOL Enron Litigation (PDF)
U.S. Department of Labor, published online by the ERISA Industry Committee
June 27, 2003
4 pages. Excerpt: What Did the Administrative Committee Do Wrong? Despite numerous warning signs that the plans' investments in Enron stock posed a risk to the plans' participants, the Administrative Committee did little or nothing to protect the participants' interests with respect to the stock. Even as the stock dropped in value throughout 2001, the committee's members ... [n]ever monitored, reviewed, analyzed, questioned, altered, slowed or stopped the plans' investments in Enron stock ...
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