Stull, Stull & Brody Announces Investigation on Behalf of Participants and Beneficiaries of the Anadarko Employee Savings Plan 

Published on Wednesday, 30 June 2010 12:36 Written by TradersHuddle Staff

NEW YORK-( Business Wire )-

Attorney Advertising. Stull, Stull & Brody announced today that it has commenced an investigation relating to the 401(k) defined contribution retirement plans of Anadarko Petroleum Corporation (“Anadarko”) (NYSE: APC). Among other things, Stull, Stull & Brody is investigating whether fiduciaries of the Anadarko 401(k) plan may have violated the Employee Retirement Income Security Act of 1974 (“ERISA”) by continuing to offer and maintain the Anadarko Petroleum Corporation common stock fund as Plan investment option when it was imprudent to do so, and by failing to disclose true and accurate risks regarding the Deepwater Horizon rig to the 401(k) plan participants.

If you held Anadarko stock in an individual account under any of the Company’s 401(k) plans at any time since January 1, 2010 you may, if you wish, consult with a representative of Stull, Stull & Brody at no cost or obligation. The contact information for Stull, Stull & Brody is as follows:

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

Fax: (212) 490-2022

Toll Free Number: 1-800-337-4983

(Michael J. Klein, Esq.)

Mail: Stull, Stull & Brody

6 East 45th Street

New York, NY 10017

Stull, Stull & Brody has extensive experience in protecting the rights of 401(k) plan participants and beneficiaries and shareholders of public companies. Stull, Stull & Brody is presently representing classes of 401(k) plan participants in many class action cases throughout the country. Stull, Stull & Brody maintains offices in New York and Los Angeles.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

Stull, Stull & BrodyMichael J. Klein, Esq., This e-mail address is being protected from spambots. You need JavaScript enabled to view it.