Law Offices of Howard G. Smith announces that it is investigating potential claims against Textron, Inc. (“Textron” or the “Company”) (NYSE:TXT) concerning whether the Textron Savings Plan (the “Plan”) imprudently invested in Textron stock and whether the Plan’s administrators breached their fiduciary duties to the Plan’s participants in violation of the Employee Retirement Income Security Act of 1974, as amended (ERISA).
The investigation concerns whether Textron and other administrators of the Plan failed to prudently and loyally manage the Plan’s investments in Textron stock by continuing to offer Company stock when the stock was no longer a prudent investment for participants’ retirement savings.
If you are a current or former employee who participated in, or continues to participate in, Textron Savings Plan and would like to learn more about these claims, or if you have information or wish to discuss these matters or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com.
Contacts:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com