Keller Rohrback L.L.P. is investigating Moody’s Investor Services, Standard & Poor’s, and Fitch Ratings (collectively, the “Credit Rating Agencies”) regarding losses suffered by retirement savings and pension plans that have lost a significant portion of their value as a result of the Credit Ratings Agencies’ failure to accurately and appropriately value the credit risk of asset-backed and mortgage-backed securities involved in the subprime meltdown.

Keller Rohrback’s investigation involves concerns that the Credit Rating Agencies contributed significantly to the recent market turmoil by underestimating the credit risk of structured investment vehicles and other structured products, notably subprime Residential Mortgage-Backed Securities ("RMBS") and Asset-Backed Securities Collateralized Debt Obligations (“ABS CDOs”). Plan fiduciaries have reported that in the absence of high credit ratings by the Credit Rating Agencies, they would not have invested in certain securities that have decimated plan assets.

If you are a fiduciary of a retirement savings or pension plan, including a governmental or church plan, or a plan sponsored by a labor union, and your plan has suffered losses as a result of the actions of Moody’s Investor Services, Standard & Poor’s, Fitch Ratings, or any other credit rating agency, you may contact paralegal Jennifer Tuato’o or attorneys Sarah Kimberly, 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 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 class action cases, including cases against Enron and WorldCom. 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.