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Investigation On Behalf Of Former And Current Employees Of Brocade (NASDAQ:...
Investigation On Behalf Of Former And Current Employees Of Brocade (NASDAQ: BRCD)
Investigation On Behalf Of Former And Current Employees Of Brocade Communications Systems, Inc, (NASDAQ: BRCD )Concerning Potential ERISA Breach of Fiduciary Duty Announced
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 10, 2009 --
According to a press release there is currently an ongoing investigation on behalf of former and current employees of Brocade Communications Systems, Inc, (NASDAQ: BRCD ) 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 Brocade Communications Systems, Inc, (NASDAQ: BRCD )investment plans or profit sharing retirement plans and purchased or held Brocade Communications Systems, Inc, stock in one of those plans during the periods May 18, 2000 to May 15, 2005 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
Brocade Communications Systems, Inc, (NASDAQ: BRCD ) has been accused of securities fraud and according to a press release under ERISA employees (former and current) of Brocade Communications Systems, Inc, (NASDAQ: BRCD ) 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 Brocade Communications Systems, Inc, (NASDAQ: BRCD ) investment plans or profit sharing retirement plans and purchased or held Brocade Communications Systems, Inc, stock in one of those plans during the periods May 18, 2000 to May 15, 2005 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 -
92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Mail@ShareholdersFoundation.com
www.ShareholdersFoundation.com
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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. offer 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.
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