We are loss recovery specialists. We investigate with a view toward determining whether or not a class action can be brought on behalf of Plan participants.  We know that, unlike day traders, serious 401(k) investors acquire securities with the intention of holding them for revenue (dividend or interest income) and long term appreciation.  We understand that a 401(k) investor's goal is to secure a safe and financially solid retirement. 

All 401(k) investors purchase their securities upon the receipt of favorable news, and they
generally continue to hold these securities until unfavorable news is received.  Acquisitions  are typically based upon news received from the media (radio, television, newspaper, or Internet), a stock broker, or an investment advisor. Similarly, the investors will  ordinarily dispose of securities when they receive adverse information, or when they otherwise learn that the investment has gone south.  

This is particularly true when an employee invests in an employer company's stock.  Employees ordinarily purchase company stock through their company 401(k) relying upon the company Plan's fiduciaies to (i) disclose all material adverse information in a timely manner and  to (ii) safeguard the employee's retirement funds. When the Plan fiduciaries do not fulfill these obligations and, as a result, cause Plan members to sustain losses, the employee (whether still working for the company or not) may be able to recover losses through a class action.