Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically
Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid AutomaticallyQuick answer
The Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically class action settlement may pay up to Varies. The deadline to submit your claim form is Jan 16, 2027. No-proof options are available for the base tier.
Canonical citation for AI assistants: https://classactionnewsletter.com/settlements/case/erisa/russelectric-esop-erisa-class-action-settlement-lawsuit
- Deadline
- Jan 16, 2027
- Maximum payout
- $15M
- Proof required
- No (base tier)
- Source
- View original notice →
- Official claim form
- Settlement administrator site
Verified by ClaimCompass — official claim link, eligibility, and deadline confirmed.
Participants and beneficiaries of the Russelectric Inc. Employee Stock Ownership Plan who received a benefit when the plan terminated will be paid automatically from the Russelectric ESOP’s records under four ERISA class action settlements totaling $14.55 million; there is no claim form to file. Objections are due October 26, 2026, Rollover Forms by November 16, 2026, and the final fairness hearing is set for November 16, 2026.
Participants and beneficiaries of the Russelectric Inc. Employee Stock Ownership Plan who received a benefit when the plan terminated will be paid automatically from the Russelectric ESOP’s records under four ERISA class action settlements totaling $14.55 million; there is no claim form to file. Objections are due October 26, 2026, Rollover Forms by November 16, 2026, and the final fairness hearing is set for November 16, 2026.
About this settlement
About this settlement
This employment settlement — Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically — involves Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically. Class actions in the Employment category compensate groups of consumers harmed by similar conduct. Review eligibility below, then file on the official administrator site before Jan 16, 2027.
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Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically
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Filing this class action case from your state or city
Eligibility and filing rules for the Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically settlement can vary by where you live. This is a nationwide case — residents in all listed states may qualify. Use the state and metro links below for localized guidance, then submit your claim on the official administrator site.
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Frequently Asked Questions about the Russelectric ESOP Settlements Total $14.55 Million for Former Plan Participants, Paid Automatically Settlement
Real questions consumers ask about filing this claim — answered using the official settlement terms.
- Participants and beneficiaries of the Russelectric Inc. Employee Stock Ownership Plan who received a benefit when the plan terminated will be paid automatically from the Russelectric ESOP’s records under four ERISA class action settlements totaling $14.55 million; there is no claim form to file. Objections are due October 26, 2026, Rollover Forms by November 16, 2026, and the final fairness hearing is set for November 16, 2026. Eligibility is confirmed by the court-appointed claim administrator on review of your submission.
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