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Attention participants in the Northern Trust Company Thrift-Incentive Plan and other Northern Trust retirement plans: Attorneys are pursuing claims for participants in Northern Trust retirement plans who held Northern Trust stock in the plans (NASDAQ:NTRS). The law firms are investigating whether plan participants have suffered losses as a result of investing in Northern Trust's stock through the plan when it was imprudent to do so. They are investigating the actions of the Company and the fiduciaries of the Plan who offered Northern Trust stock as a retirement investment when the stock was artificially inflated. When participants began to learn the truth about some of the Company’s problems, the stock price plummeted, taking with it the value of the participants’ vested retirement benefits and causing significant losses to participants who held Northern Trust's stock in the plan. The stock now trades at prices that are significantly less than the prices at which the Plan and its participants were acquiring and holding the stock. A class action on behalf of the Plan and its participants seeks to recover losses caused to the Plan and the participants and is brought against the fiduciaries of the Plan who were responsible for only offering prudent investments. If you are interested in learning more, please contact us for a free evaluation of your claim. |
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