Morgan & Morgan Announces an Investigation Involving Arch Coal, Inc.'s 401 (k) Plan - ACI

NEW YORK, July 2, 2015 /PRNewswire/ -- Morgan & Morgan is investigating Arch Coal, Inc. ("Arch Coal" or the "Company") ACI concerning possible violations of the Employee Retirement Income Security Act of 1974 ("ERISA").

The investigation concerns whether certain fiduciaries of Arch Coal's 401(k) plan violated ERISA by offering Arch Coal stock as an investment option under the plan when it was not prudent to do so, and by failing to disclose the Company's true financial and operating condition to participants and beneficiaries of the plan.

If you held Arch Coal stock in an individual account under any of the Company's 401(k) plans and would like additional information about the investigation, please contact Morgan & Morgan at 1(800) 732-5200 or email info@morgansecuritieslaw.com.

About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms.  In addition to shareholder rights, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."

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Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
Suite 2001
New York, NY  10036
1-800-732-5200
info@morgansecuritieslaw.com

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SOURCE Morgan & Morgan