SEATTLE, April 4, 2007 (PRIME NEWSWIRE) -- Keller Rohrback L.L.P. (www.erisafraud.com) today announced its investigation against Washington Mutual, Inc. ("WaMu") (NYSE:WM) for potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA"). Keller Rohrback's investigation focuses on concerns that the WaMu Pension Plan, a cash balance pension plan, discriminates based on age because the Plan fails to comply with ERISA's accrual rules for defined benefit plans. Keller Rohrback is also investigating whether the WaMu Pension Plan and its merged predecessor plans failed to provide adequate notice of participants' benefit reductions resulting from the cash balance conversions in 1987 and later years.
If you are a member of the WaMu Pension Plan, or any of the following WaMu predecessor retirement plans, and you experienced a conversion to a cash balance pension plan in 1987 or later, you may contact any member of our team, paralegal Jennifer Tuato'o, or attorneys Amy Williams-Derry, Karin Swope, Derek Loeser or Lynn Sarko, toll free at 800/776-6044, or via e-mail at ERISAclaim@kellerrohrback.com:
-- Great Western Retirement Plan; -- H.F. Ahmanson & Company Retirement Plan; -- Retirement Plan of Dime Bancorp, Inc.; or -- Pension Plan for Employees of Pacific First Federal Savings Bank.
Keller Rohrback is one of America's leading law firms handling ERISA retirement plan litigation. Our attorneys helped pioneer this field in the Lucent and IKON ERISA breach of fiduciary duty cases--the first large-scale ERISA 401(k) cases filed. Keller Rohrback serves as lead and co-lead counsel in numerous ERISA breach of fiduciary duty cases, including the Enron, WorldCom, Inc. and Marsh & McLennan Companies ERISA cases. Recently, Keller Rohrback was appointed co-lead counsel in In Re J.P. Morgan Chase Cash Balance Litigation. 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.