Keller Rohrback L.L.P. and Lockridge Grindal Nauen P.L.L.P. Announce ERISA Class...

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Thu Apr 22, 2010 8:03pm EDT

Keller Rohrback L.L.P. and Lockridge Grindal Nauen P.L.L.P. Announce ERISA Class
Action Filed Regarding the Retirement Plan for Employees of Augsburg Fortress
Publishers, Publishing House of the ELCA

SEATTLE, April 22, 2010 (GLOBE NEWSWIRE) -- Keller Rohrback L.L.P.
(www.erisafraud.com) and Lockridge Grindal Nauen P.L.L.P. (www.locklaw.com)
announce that the firms have filed an ERISA class action complaint on behalf of
a class of all persons who were participants in or beneficiaries of the
Retirement Plan for Employees of Augsburg Fortress Publishers, Publishing House
of the ELCA ("Plan"), from January 1, 2000 to the present ("Class Period").

Recently, Publishing House of the Evangelical Lutheran Church in America, which
does business as Augsburg Fortress Publisher, announced that it was terminating
the Plan and that the Plan had been underfunded for nine years. Plaintiffs
allege that the Plan is not a "church plan" exempted from ERISA and therefore
the participants in the Plan should have the same protections ERISA extends to
plan participants generally.

The complaint, which was filed in the United States District Court for the
District of Minnesota, alleges that during the Class Period, Defendants breached
their duties under ERISA, or alternatively under state law, by among other
things: (1) failing to adequately fund the Plan; (2) failing to prudently and
loyally manage the Plan's assets; (3) failing to disclose necessary information
to co-fiduciaries and participants; and (4) breaching their contractual and
trust-law duties to the participants.

If you are a participant in or a beneficiary of the Retirement Plan for
Employees of Augsburg Fortress Publishers, Publishing House of the ELCA, and you
would like information regarding this matter, you may contact Keller Rohrback
attorneys Ron Kilgard or Lynn Sarko toll free at (800) 776-6044, or via email at
investor@kellerrohrback.com or Lockridge Grindal Nauen attorney Craig S. Davis
at (612) 339-6900, or via email at csdavis@locklaw.com.

Keller Rohrback, with offices in Seattle, WA, Phoenix, AZ and New York, NY, is
one of America's leading law firms handling ERISA retirement plan litigation. We
are committed to helping employees and retirees protect their retirement
savings. Keller Rohrback serves or has served as lead and co-lead counsel in
numerous ERISA class action cases, including cases against Enron, WorldCom, and
HealthSouth. Keller Rohrback has successfully provided class action
representation for over a decade. Its trial lawyers have obtained judgments and
settlements on behalf of clients in excess of seven billion dollars.

Lockridge Grindal Nauen P.L.L.P., with offices in Minneapolis, MN and
Washington, D.C., has 30 years of class action litigation experience in both
state and federal courts across the country and has earned a reputation for
aggressive, cost-effective representation. The firm's expertise in securities
and antitrust class actions, as well as other complex civil litigation is widely
recognized.  Lockridge Grindal Nauen has recovered millions of dollars for
Institutional Investors and other shareholders in the wake of corporate
misrepresentations.  Since 1978, the firm has led or been actively involved in
many of the largest, most successful cases in the country, including cases
against AOL, WorldCom and Boston Scientific.

CONTACT:  Keller Rohrback L.L.P.
          Ron Kilgard
          (800) 776-6044
          investor@kellerrohrback.com 
          www.erisafraud.com

          Lockridge Grindal Nauen P.L.L.P.
          Craig S. Davis
          (612) 339-6900
          csdavis@locklaw.com
          www.locklaw.com
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