CINCINNATI, Nov. 25, 2008 (GLOBE NEWSWIRE) -- The class action Cincinnati law firm of Statman, Harris & Eyrich, LLC announces it is investigating Hartford Financial Services Group, Inc. ("Company") (NYSE:HIG) for potential violations of the Employee Retirement Income Security Act of 1974 ("ERISA") relating to the Hartford Investment and Savings Plan ("Plan").
Statman, Harris & Eyrich, LLC is investigating whether the Company and/or other administrators of the Plan breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the Plan. A breach may have occurred if the fiduciaries failed to manage the assets of the Plan prudently and loyally by investing the assets in Company stock when it was no longer a prudent investment for participants' retirement savings.
If you are a participant in the Hartford Investment and Savings Plan and your account holds or held Hartford common stock, or if you have any questions concerning this notice or your rights with respect to this matter, please contact Elizabeth L. Hutton, Esq. at (513) 621-2666 or (888) 876-7881, or via e-mail at ehutton@statmanharris.com for further information without any obligation or cost to you.
Statman, Harris & Eyrich, LLC has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; and Sarasota, Florida. www.statmanharris.com