Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Senior Plan Administrator

Atlantic Pension Services Inc
(Remote / Kennett Square PA / DE / MD / NJ)

Atlantic Pension Services Inc logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

Quality Assurance Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Retirement Plan Relationship Manager/Consultant

The Retirement Plan Company (TRPC)/an ABG firm
(Remote)

The Retirement Plan Company (TRPC)/an ABG firm logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Employee Sues Over Retirement Plan Losses as Arch Coal Stumbles
The Business JournalsLink to more items from this source
June 12, 2015

"A former Arch Coal employee is suing the trustees of the company's retirement plan, alleging they invested retirement savings in Arch stock though they should have known it was a risky investment.... The suit comes as Arch, like other coal companies, is dealing with the effects of a depressed coal market; it reported a first-quarter loss of $113.2 million on revenue of $677 million and was recently warned by the New York Stock Exchange that it is out of compliance with the market's rule requiring an average price of $1 per share of common stock for 30 consecutive trading days."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.