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Best Buy’s Employee Savings Plan

Zamansky LLC announces that it has commenced an investigation of Best Buy Co., Inc. (NYSE: BBY) (“Best Buy” or the “Company”) over its Employee Savings Plan for violations of the federal Employee Retirement Income Security Act (“ERISA”).  ERISA imposes fiduciary duties on companies to prudently manage and invest plan assets.  These duties were violated by Best Buy for continuing to offer company stock after it had become an imprudent investment.

Since 2010, Best Buy’s stock price has fallen from over $45 per share, to less than $13 per share. Best Buy has been the subject of securities class action and shareholder derivative lawsuits alleging fraud, breach of fiduciary duty and securities law violations by its officers and directors.  The Company’s Employee Savings Plan has suffered millions of dollars in losses from investments in Best Buy stock.

If you are an existing or former Best Buy employee who owns stock through the Company’s Savings 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

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Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

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