1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Reporter Account

Investigation On Behalf Of Former And Current Employees Of Satyam Computer Services Ltd. (NYSE:SAY)

Investigation On Behalf Of Former And Current Employees Of Satyam Computer Services Ltd. (NYSE:SAY) Concerning Potential ERISA Breach of Fiduciary Duty Announced

FOR IMMEDIATE RELEASE

 
mail@shareholdersfoundation.com
mail@shareholdersfoundation.com
PRLog (Press Release) - Jan 13, 2009 -
According to a press release there is currently an ongoing investigation on behalf of former and current employees of Satyam Computer Services Ltd. (NYSE:SAY) concerning potential Employee Retirement Income Security Act (“ERISA”) Breach of Fiduciary Duty.

If you a former or current employee or are a member of any of Satyam Computer Services Ltd. (NYSE:SAY) investment plans or profit sharing retirement plans and purchased or held Satyam Computer Services Ltd. stock in one of those plans during the periods January 06, 2004 to January 06, 2009 or have information relating to this investigation, you should contact the Shareholders Foundation, Inc. immediately!

Email: Mail@ShareholdersFoundation.com

or Call us TODAY!

Phone: +1-(858)-779-1554

or send us your information by mail /facsimile

Shareholders Foundation, Inc.
3111 Camino del Rio North
– Suite 423 –
San Diego, CA 92108
Fax: +1-(858)-605-5739(Facsimile)

Satyam Computer Services Ltd. (NYSE:SAY) has been accused of securities fraud (please see: ‘Class Action Lawsuit On Behalf Of Certain Satyam Computer Services Ltd. (ADR; NYSE:SAY) Investors Against Satyam Computer Services Over Alleged Violations of Federal Securities Laws Filed’; url: http://shareholdersfoundation.com/case/satyam-computer-se... ) and according to a press release under ERISA employees (former and current) of Satyam Computer Services Ltd. (NYSE:SAY) may be eligible to file a ERISA complaint for putting stock options at risk if they can prove their employer violated its fiduciary duty to them. The Fiduciary duty refers to a company’s responsibility to the people who invest in it and if an employer puts the company’s interest ahead of the investors’, it has broken its fiduciary duty., so the investigation. ERISA, so the press release, is a federal law that sets minimum standards for pension and health plans set up by private businesses and ERISA was designed to protect people who participate in employee benefit plans, including employees with stock options in a company.

If you a former or current employee or are a member of any of Satyam Computer Services Ltd. (NYSE:SAY) investment plans or profit sharing retirement plans and purchased or held Satyam Computer Services Ltd. stock in one of those plans during the periods January 06, 2004 to January 06, 2009 or have information relating to this investigation, you should contact the Shareholders Foundation, Inc. immediately!

Email: Mail@ShareholdersFoundation.com

or Call us TODAY!

Phone: +1-(858)-779-1554

or send us your information by mail / facsimile:



Shareholders Foundation, Inc.
Allen Trevor
3111 Camino Del Rio North - Suite 423 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
____________________________________________________________________________

Photo:
http://www.prlog.org/10166980/1

# # #

Advertising. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. Shareholders Foundation, Inc. is comprised of a network of legal experts who both contribute to our vision for the Shareholders Foundation, Inc. and also represent the shareholders in real cases. The Shareholders Foundation, Inc. is not a law firm. Any statements made in press releases, emails or over the phone by any member or personnel employed by Shareholders Foundation, Inc. or by third parties related to the Shareholders Foundation, Inc. is provided for research and guidance purposes only and are not legal advices, as we can not give you legal advice. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

--- end ---

Click to Share

Contact Email:
***@shareholdersfoundation.com Email Verified
Source:Shareholders Foundation, Inc.
Phone:+1 (858) 779 1554
Fax:+1 (858) 605 5739
Address:3111 Camino Del Rio North - Suite 423
Zip:92108
City/Town:San Diego
State/Province:California
Country:United States
Industry:Banking, Business, Finance
Tags:, , , , , ,
Last Updated:Jan 13, 2009
Shortcut:http://prlog.org/10166980
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Upcoming Press Releases...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
3.5K1.4K1.3K
Click to Share