SEATTLE, Aug. 3, 2009 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) today announced that it is investigating Principal Global Investors, LLC and Principal Funds, Inc. (collectively, "Principal") regarding losses to certain Principal mutual funds, such as Principal's LifeTime 2010 Fund, LifeTime 2020 Fund, LifeTime Strategic Income Fund, Large Cap Blend, and Mid Cap Blend funds offered in the Blockbuster Investment Plan and/or the Meredith Savings and Investment Plan, among others. Our investigation focuses on misrepresentations, mismanagement, and/or excessive fees related to those Principal funds, as well as the following funds:
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Principal Large Cap Funds Principal SAM Strategic Growth
Portfolio
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Principal Bond & Mortgage Principal International Fund
Securities Fund
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Many of these Principal mutual funds, particularly the LifeTime target date funds, are offered to investors and are offered in several 401(k) plans such as: the Blockbuster Investment Plan; the Meredith Savings and Investment Plan; the Cooper Tire & Rubber Company Pre-Tax Savings Plan; and the TierOne Bank Savings Plan, among others.
If you are a current participant in one of the Plans mentioned above, or are an investor in a Principal LifeTime Fund or other Principal mutual fund that has been negatively impacted, you may contact paralegal Brian Schiewe or attorney Michael Woerner toll free at (800) 776-6044, or via e-mail at investor@kellerrohrback.com.
Keller Rohrback is one of America's leading class action firms handling cases for over two decades. We are committed to helping investors recover losses due to breaches of fiduciary duty and excessive fees. Keller Rohrback serves as lead or co-lead counsel in numerous class action cases, including cases against some of the biggest and most powerful corporations in the world. Keller Rohrback's trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.