SFMS Files ERISA Class Action Against The Hartford And Neuberger Berman

November 14th, 2006

On November 14, 2006, SFMS filed a class action complaint in the United States District Court for the District of Connecticut on behalf of its client, Phones Plus, Inc., and for the benefit of other similarly situated 401k and retirement plans and trustees, against The Hartford Financial Services, Inc., Hartford Life Insurance Company and Neuberger Berman Management, Inc. The class action complaint is brought under the Employee Retirement Income Security Act ("ERISA"), 29 U.S.C. §§1001 et seq., and seeks to recover, for the benefit of the Plaintiff’s 401(k) plan and all other similarly situated retirement plans, payments from mutual funds and/or mutual fund advisors to Defendants and similar payments between Defendants, which Plaintiff believes were made in violation of ERISA.

If you have any questions or would like to discuss this case, please e-mail or telephone James E. Miller ( jmiller@sfmslaw.com / (866)540-5505).