Law Offices of Howard G. Smith Announces Investigation on Behalf of Current and Former...

Wed Apr 9, 2008 8:38pm EDT
 
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Law Offices of Howard G. Smith Announces Investigation on Behalf of Current
and Former Employees of Schering-Plough Corporation Who Invested in the
Schering-Plough Retirement Plan

BENSALEM, Pa., April 9 /PRNewswire/ -- Law Offices of Howard G. Smith
announces that it is investigating claims against Schering-Plough Corporation
("Schering-Plough" or the "Company")(NYSE: SGP) concerning whether the
Schering-Plough Retirement Plan (the "Plan") imprudently invested in
Schering-Plough stock and whether the Plan's administrators breached their
fiduciary duties to the Plan's participants in violation of the Employee
Retirement Income Security Act of 1974.
    The investigation concerns whether Schering-Plough and other
administrators of the Plan failed to prudently and loyally manage the Plan's
investments in Schering-Plough Corp. stock by continuing to offer Company
stock when the stock was no longer a prudent investment for participants'
retirement savings.
    If you are a current or former employee who participated in, or continues
to participate in, the Schering-Plough Retirement Plan and have information or
would like to learn more about these claims, please contact Howard G. Smith,
Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll-Free at
(888) 638- 4847, or by email to howardsmithlaw@hotmail.com.
    If you wish to discuss this action or have any questions concerning this
Notice or your rights or interests with respect to these matters, please
contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070
Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215)
638-4847, Toll-Free at (888) 638-4847, by email to howardsmithlaw@hotmail.com.
SOURCE  Law Offices of Howard G. Smith, Bensalem, PA

Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, Bensalem, PA,
+1-215-638-4847, or 1-888-638-4847, howardsmithlaw@hotmail.com

 

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