BALTIMORE, March 30, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a class action lawsuit has been filed against General Motors Corporation (NYSE:GM), alleging it improperly invested billions of dollars in GM stock in employee 401(k) plans in violation of the Employee Retirement Income Security Act ("ERISA").
The case was filed March 18, 2005 in the United States District Court for the Eastern District of Michigan against defendant General Motors Corporation and certain General Motors Directors who served on the Investment Fund Committee of the Board of Directors of General Motors.
If you purchased and/or held General Motors Corporation stock through a General Motors retirement plan and have information or would like to learn more about these claims, you may e-mail or call Law Offices Of Charles J. Piven, P.A. who will, without obligation or cost to you, attempt to answer your questions. You may contact Law Offices Of Charles J. Piven, P.A. at The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202, by email at hoffman@pivenlaw.com or by calling 410/986-0036.