According to a press release there is currently an ongoing investigation on behalf of former and current employees of China Organic Agriculture, Inc. (OTC: CNOA) concerning potential Employee Retirement Income Security Act (ERISA) Breach of Fiduciary Duty.

China Organic Agriculture, Inc. has been accused of securities fraud. According to a press release under ERISA employees (former and current) of China Organic Agriculture, Inc may be eligible to file a ERISA complaint for putting stock options at risk if they can prove their employer violated its fiduciary duty to them. Fiduciary duty refers to a companys responsibility to the people who invest in it. If an employer puts the companys interest ahead of the investors, it has broken its fiduciary duty. Hence, the ERISA investigation. The press release, refers to a federal law that sets minimum standards for pension and health plans set up by private businesses. ERISA was designed to protect people who participate in employee benefit plans, including employees with stock options in a company.