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The Home Depot, Inc. (NYSE: HD) Former Employee Investigation Over Fees Of Home Depot's 401(k) Plans

  • Those who had an individual account under any of the Home Depots 401(k) plans during the last several years have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Home Depot
Security
NYSE: HD

Summary

An investigation on behalf of current or former employees of The Home Depot, Inc. (NYSE: HD) that had an individual account under any of the Company's 401(k) plans during the last several years over potential breaches of fiduciary duties.

The investigation by a law firm concerns whether fiduciaries of Home Depot's 401(k) plans violated the Employee Retirement Income Security Act of 1974 ('ERISA') by offering investment options with high fees that benefitted Home Depot at the plans participants expense.

Atlanta, GA based Home Depot, Inc. reported that its Total Revenue rose from over $94.59 billion for the 12 months period that ended on January 29, 2017 to over $100.9 billion for the 12 months period that ended on January 28, 2018 and that its Net Income increased from over $7.95 billion to over $8.63 billion.

Shares of The Home Depot, Inc. (NYSE: HD) gre$121.62 per share in late 2016 to as high as $207.61 per share in January 2018.

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