The Employee Retirement Income Security Act (ERISA) provides protection for employees and retirees in pension plans and 401k plans. It places the highest duty under the law, a "fiduciary duty", on the employer to carefully protect the assets of participants in a 401 (k) plan. It also provides a remedy to employees who have lost money because of a violation of that fiduciary duty.
Many employees are paying "hidden" fees in their 401(k) accounts. These fees translate into large amounts over time. If you are contributing to a 401(k), you have a right, under ERISA, to know exactly how much money in fees you are being charged. Our firm will evaluate your plan, free of charge, to determine how much you are paying in fees, including fees that may be hidden. If you contribute to a 401(k), please call our firm today for your free evaluation.
Napoli Bern Ripka, LLP has filed numerous arbitration claims with FINRA (Financial Industry Regulatory Authority) against Morgan Keegan and Regions Financial Corp. (NYSE:RF - News). The claims were filed on behalf of investors who purchased the following Morgan Keegan mutual funds:
RMK Multi-Sector High Income Fund (NYSE:RHY - News),
RMK High Income Fund (NYSE:RMH - News),
RMK Advantage Income Fund (NYSE:RMA - News),
RMK Strategic Income Fund (NYSE:RSF - News)
Morgan Keegan Select Intermediate Bond Fund (RIBCX).
If you lost money in any of the above listed funds, please call us today.
The law firm of Napoli Bern Ripka has recovered over two
billion dollars ($2,000,000,000) for its clients. The firms' attorneys have
represented hundreds of investors in FINRA arbitrations, recovering millions
of dollars from such firms as Morgan Stanley, Merrill Lynch, Citigroup, Chase,
MetLife, amongst others major brokerages.
Mediation award against a broker/dealer who recommended a variable annuity to
an 80 year-old, retired woman. The variable annuity issuer contributed to the
settlement.
Mediation award against large broker/dealer. Broker recommended a portfolio consisting
of 90% stocks, knowing that the clients were retired and needed to generate income
from their investment.
Mediation award against large broker/dealer. Broker recommended a portfolio consisting
of 80% stocks, knowing that the clients were retired and needed to generate income
from their investment. Clients invested money obtained from a corporate “buy-out.”


