EQUITY ALERT: Lawsuit Filed on Behalf of Participants of RadioShack 401(k) Plans to Recover Investor Losses - RSH

NEW YORK, Dec. 5, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a global investor rights firm, announces that an ERISA lawsuit has been filed and an investigation has begun on behalf of members of the 401(k) defined contribution plans of RadioShack Corporation RSH.

To join the RadioShack class action, go to the website http://www.rosenlegal.com/cases-456.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

"The lawsuit and our investigation is focused on whether the gate keepers of RadioShack's 401(k) plans violated federal law by imprudently offering RadioShack stock as an investment option and failing to disclose RadioShack's true financial performance," said Rosen attorney Phillip Kim. "This appears to be another instance of a company 401(k) plan disregarding their fiduciary obligations to plan participants." 

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

If you held RadioShack stock in an individual account under any of the Company's 401(k) plans and wish to join the class action go to http://www.rosenlegal.com/cases-456.html or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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