According to a press release a law firm is currently on behalf of certain former and current employees of General Growth Properties, Inc. (NYSE: GGP) investigating General Growth Properties, Inc. (General Growth or the Company) (NYSE: GGP) for potential violations of the Employee Retirement Income Security Act of 1974 (ERISA).

According to the press release the investigation focuses on investments in General Growth Properties, Inc. (NYSE: GGP) stock in the General Growth 401(k) Savings Plan. The investigation involves concerns that General Growth Properties, Inc. (NYSE: GGP) and other administrators of the General Growth 401(k) Savings Plan may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the plan. A breach may have occurred if the fiduciaries failed to manage the assets of the Plan prudently and loyally by investing the assets in Company stock when it was no longer a prudent investment for participants retirement savings, so the investigation.