An investigation on behalf participants in the 401(k) Savings and Profit Sharing Plan of The McGraw-Hill Companies, Inc. (NYSE: MHP) and its Subsidiaries or the Standard & Poors 401(k) Savings and Profit Sharing Plan for Represented Employees investigating The McGraw-Hill Companies, Inc. (NYSE:MHP) for potential violations of the Employee Retirement Income Security Act of 1974 was announced.

According to the investigation by a law firm the investigation focuses on investments in McGraw-Hill Companies, Inc. (NYSE: MHP) stock in the 401(k) Savings and Profit Sharing Plan of The McGraw-Hill Companies, Inc. and its Subsidiaries and the Standard & Poors 401(k) Savings and Profit Sharing Plan for Represented Employees. Specifically the investigation involves concerns that McGraw-Hill Companies, Inc. (NYSE: MHP) and other administrators of the above states plans may have breached their ERISA-mandated fiduciary duties of loyalty and prudence to participants and beneficiaries of the plans. A breach may have occurred if the fiduciaries failed to manage the assets of the Plans prudently and loyally by investing the assets in Company stock when it was no longer a prudent investment for participants retirement savings and McGraw-Hill Companies, Inc. (NYSE: MHP) continued to make and maintain investment in McGraw-Hill Companies, Inc. (NYSE: MHP) stock despite the its failure to disclose that its subsidiary, Standard & Poors, had assigned excessively high ratings to bonds backed by subprime mortgages, had conflicts of interest with respect to such ratings, and otherwise acted recklessly, inappropriately and potentially unlawfully with respect to its ratings of bonds backed by subprime mortgages, so the investigation.