Terex Corporation 401(k)/ERISA Investigation
SFMS Law is investigating claims that Terex allegedly took certain actions that may have created losses for 401k holders.
Summary of Investigation: Shepherd, Finkelman, Miller & Shah, LLP is investigating claims that employees and other participants in the 401(k) retirement plan and/or other investment or profit sharing retirement plans of Terex Corporation (NYSE: TEX) may have been damaged by certain actions related to transactions between United Rentals, Inc. and Terex Corp. that resulted in Terex restating its financial statements for the years 2000-2004. If you have suffered from Terex 401(k) plan losses, you may qualify for damages or remedies that may be awarded in a potential Terex ERISA class action lawsuit. If you are a current or former employee or are a member of any of the Terex investment plans or profit sharing retirement plans you may have claims under the Employee Retirement Income Security Act (“ERISA”). ERISA is a federal law that sets minimum standards for pension and health plans set up by private businesses. ERISA was designed to protect people who participate in employee benefit plans, including employees who receive stock as matching contributions in their retirement plans and employees with stock options in a company. Stock options are a form of compensation in which employees are given the opportunity to purchase shares of the company stock at a certain price.
If you purchased or held Terex stock in a retirement plan between 2000 and 2004 or received Terex stock options during this period, and would like to learn more, please contact an attorney at Shepherd, Finkelman, Miller & Shah, LLP through the links below.
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Status: Under Investigation
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