New York, New York (PRWEB) August 14, 2013
Zamansky LLC announces that it has commenced an investigation over Potash Corp. of Saskatchewan Inc. ("Potash"), the large Canadian-based produce of potash, or phosphates used for fertilizer, for alleged ERISA violations and breaches of fiduciary duty to shareholders. The investigation concerns the recent alleged drop in stock price after news that a large Ukranian producer was dropping out of the potash cartel.
On July 30, 2013, Reuters reported that Uralkali, a large potash producer, announced that it was dropping out of an international cartel. In response, the stock prices of several potash producers, including Potash, fell substantially, Reuters reported.
Zamansky LLC is investigating potential breaches of fiduciary duty by Potash towards its shareholders as well as its employees and former employees who invested in company stock through the PCS U.S. Employees Savings Plan. The investigation for Potash employees and former employers in the PCS U.S. Employees Savings Plan is for alleged violations of the Employee Retirement Income Security Act of 1974, or ERISA.
What Potash Investors and Employees or Former Employees Can Do
If you are a Potash investor who purchased the stock within the last two years, or are an employee or former employee who invested in Potash stock through the Plan, you may, without obligation or cost to you, email jake(at)zamansky(dot)com or call the law firm at (212) 742-1414 to discuss your legal rights.
To learn more about Zamansky LLC, please visit our website, http://www.zamansky.com/.
About Zamansky LLC
Zamansky LLC is one of the leading securities fraud law firms specializing in securities class actions and securities arbitration, and ERISA class action litigation. We are stock fraud attorneys who represent both individual and institutional investors. Our practice is nationally recognized for our ability to aggressively prosecute cases and recover losses.
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New York, NY 10004
Jake Zamansky, 212-742-1414