Zamansky LLC Investigates RadioShack Over Its Employee 401(k) Plan

  Zamansky LLC Investigates RadioShack Over Its Employee 401(k) Plan

Business Wire

NEW YORK -- June 26, 2014

Zamansky LLC announces that it has commenced an investigation of RadioShack
Corporation (“RadioShack” or the “Company”)(NYSE: RSH) and its employee 401(k)
retirement plan for violations of the federal Employee Retirement Income
Security Act (“ERISA”). ERISA imposes fiduciary duties on the trustees of
401(k) plans to prudently manage and invest plan assets. These duties were
violated by the continued inclusion of RadioShack stock as an investment
option even after it had become imprudent.

Since 2010, RadioShack’s stock price has fallen 90%, from over $20 per share
to under $1 per share. The Company’s income has plummeted and its costs and
costs have been rising, and it recently announced management changes. On June
20, 2014, the Wall Street Journal reported that some analysts believe that
RadioShack’s stock in worthless, and discussed the possibility of bankruptcy.
The article also reported on RadioShack’s news that it was closing 220 stores
due to their lack of profitability.

According to employee stock and investment fraud attorney, Jake Zamansky,
RadioShack has faced serious troubles for several years. RadioShack’s fall
into bankruptcy would severely hurt employees who purchased stock through the
401(K) plan, Zamansky states. Many will lose large portions of their
retirement savings, he says.

What Investors Can Do

If you are an existing or former RadioShack employee who owns the Company’s
stock through the 401(k) plan, please contact our firm for an evaluation of
your rights. You can contact Jake Zamansky by telephone at (212) 742-1414 or
by email at

About Zamansky LLC

Zamansky LLC is a leading stock law firm specializing in securities fraud,
ERISA and employment class actions. We are investment fraud attorneys who
represent both individual and institutional investors. Our practice is
nationally recognized for our ability to aggressively prosecute cases and
recover investment losses.

To learn more about Zamansky LLC, please visit our website,


Zamansky LLC
50 Broadway - 32nd Floor
New York, NY 10004
Jake Zamansky, 212-742-1414


Zamansky LLC
Jake Zamansky, 212-742-1414
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