Moving Stocks: Avon Products Inc. (NYSE:AVP), American International Group, Inc. (NYSE:AIG), Verastem, Inc. (NASDAQ:VSTM), Pengrowth Energy Corporation (NYSE:PGH), Rudolph Technologies Inc. (NYSE:RTEC)
On Nov 26, Zamansky LLC announces that it has commenced an investigation of Avon Product Inc.’s (NYSE:AVP) employee personal savings account plan (the “Plan”) for potential violations of the federal Employee Retirement Income Security Act (“ERISA”). ERISA imposes fiduciary duties to prudently manage and invest plan assets. These duties were allegedly violated by Avon Products’ continued offering of its company stock during a pending federal … Continue reading Moving Stocks: Avon Products Inc. (NYSE:AVP), American International Group, Inc. (NYSE:AIG), Verastem, Inc. (NASDAQ:VSTM), Pengrowth Energy Corporation (NYSE:PGH), Rudolph Technologies Inc. (NYSE:RTEC)