|04-16-2018 05:40 PM CET - Business, Economy, Finances, Banking & Insurance||
The Home Depot, Inc. (NYSE: HD) Former Employee Alert: Investigation over Fees of Home Depot's 401(k) plans
Press release from: Shareholders Foundation
An investigation was announced for former employees of The Home Depot, Inc. (NYSE: HD) that had an individual account under any of the Company's 401(k) plans during the last several years over potential breaches of fiduciary duties.
Those who had an individual account under any of the Home Depot’s 401(k) plans during the last several years have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether fiduciaries of Home Depot's 401(k) plans violated the Employee Retirement Income Security Act of 1974 ("ERISA") by offering investment options with high fees that benefitted Home Depot at the plans’ participants’ expense.
Atlanta, GA based Home Depot, Inc. reported that its Total Revenue rose from over $94.59 billion for the 12 months period that ended on January 29, 2017 to over $100.9 billion for the 12 months period that ended on January 28, 2018 and that its Net Income increased from over $7.95 billion to over $8.63 billion.
Shares of The Home Depot, Inc. (NYSE: HD) gre$121.62 per share in late 2016 to as high as $207.61 per share in January 2018.
On April 13, 2018, NYSE: HD shares closed at $172.80 per share.
Those who had an individual account under any of the Home Depot’s 401(k) plans during the last several years, have certain options and should contact the Shareholders Foundation.
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Shareholders Foundation, Inc.
3111 Camino Del Rio North
San Diego, CA 92108
This release was published on openPR.
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