Keller Rohrback is investigating Chrysler LLC and Dwight Asset Management Co., for potential breach of fiduciary duty. The investigation focuses on the Chrysler Stable Value Fund B and other Chrysler Stable Value Funds (collectively, the “Funds”) offered to participants and beneficiaries of the Chrysler LLC 401(k) Plan (the “Plan”).

Keller Rohrback’s investigation involves concerns that the Plan’s sponsor, Chrysler LLC, and the Funds’ investment manager, Dwight Asset Management Co., may have breached their fiduciary duties of loyalty and prudence to the Plan’s participants and beneficiaries who invested their account in the Funds. A breach may have occurred if the investment manager or other fiduciaries failed to manage the assets of the Plan prudently and loyally by investing the assets of the Funds in high-risk or highly leveraged bonds or in insurance-company contracts tied to mortgage-backed securities when they were not prudent investments for a conservative stable-value fund. Additionally, a breach may have occurred if the fiduciaries failed to properly set risk budgets to plan for market volatility and participant withdrawals or failed to properly inform Plan participants and beneficiaries of Chrysler’s financial situation.

Additionally, we are investigating potential breaches of fiduciary duty with respect to losses in Fixed Income Bond Funds that are offered as investment options in retirement plans across the country.

If you are a participant in the Chrysler LLC 401(k) Plan and invested in the Chrysler Stable Value Fund B, or other Chrysler Stable Value Funds offered in the Plan, or you invested in a Fixed Income Bond Fund in your retirement plan and suffered losses, you may contact paralegal Jennifer Tuato’o or attorneys Erin Riley, Derek Loeser, or Lynn Sarko toll free at (800) 776-6044, or via e-mail at investor@kellerrohrback.com.

Keller Rohrback is one of America’s leading law firms handling ERISA retirement plan litigation. We are committed to helping employees and retirees protect their retirement savings. Keller Rohrback serves as lead and co-lead counsel in numerous ERISA class action cases, including cases against Enron, WorldCom, Marsh & McLennan, Merrill Lynch, Bear Stearns, and Wachovia. Keller Rohrback has successfully provided class action representation for over a decade. Its trial lawyers have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.