ABK Ambac Financial Grp. Common Stock

BENSALEM, Pa., Jan. 23 /PRNewswire/ -- Law Offices of Howard G. Smith announces that it is investigating claims against Ambac Financial Group, Inc. (the "Company")(NYSE:ABK) concerning whether the Ambac Financial Group, Inc. Savings Incentive Plan (the "Plan") imprudently invested in Ambac Financial Group, Inc. stock and whether the Plan's administrators breached their fiduciary duties to the Plan's participants in violation of the Employee Retirement Income Security Act of 1974. The investigation concerns whether Ambac Financial Group, Inc. and other administrators of the Plan failed to prudently and loyally manage the Plan's investments in Ambac Financial Group, Inc. stock by continuing to offer Company stock when the stock was no longer a prudent investment for participants' retirement savings. If you are a current or former employee who participated in, or continues to participate in, the Ambac Financial Group, Inc. Savings Incentive Plan and have information or would like to learn more about these claims, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll-Free at (888) 638- 4847, or by email to . If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, Toll-Free at (888) 638-4847, by email to . DATASOURCE: Law Offices of Howard G. Smith CONTACT: Howard G. Smith, Esquire of Law Offices of Howard G. Smith, +1-215-638-4847, 1-888-638-4847,

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