ATTORNEY ADVERTISING
Are you a current or former employee of Lazard Freres who has participated in the Lazard Freres & Co. Employees’ Savings Plan? If so, you may have a legal claim potentially entitling you to compensation. Contact us to learn more.
Cohen Milstein is investigating whether Lazard’s selection of its own funds may have violated the federal Employee Retirement Income Security Act (ERISA). Plans implicated include the Lazard U.S. Equity Concentrated Institutional Fund, the Lazard U.S. Small-Mid Cap Equity Institutional Fund, the Lazard Emerging Markets Equity Institutional Fund, and the Lazard International Equity Institutional Fund. Under the law, fiduciaries of a 401(k) plan are required by ERISA to act prudently and solely in the interest of the plan’s participants when making decisions with respect to plan investments.
Attorney Daniel Sutter (licensed to practice only in Washington, DC and Maryland) of the law firm Cohen Milstein Sellers & Toll LLP is investigating this matter. Prior results do not guarantee a similar outcome.