Welcome to the Settlement Home Page

A Settlement has been reached in a class action lawsuit with respect to the National Production Workers Union Severance Trust Plan and the National Production Workers Union 401(k) Retirement Plan (together, the “Plans”), and Joseph Vincent Senese, Rosie Gibson, Jose Diaz, James Malloy, Scott Gore, and James Meltreger (collectively, with the Plans, the “Defendants”). The class action lawsuit involves allegations regarding whether the Plans had been administered by Defendants in accordance with certain provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”). Defendants have denied and continue to deny all claims and that they are liable at all, and nothing in the Settlement is an admission or concession on Defendants’ part of any fault or liability whatsoever.

The Settlement will provide, among other things, for a six hundred fifteen thousand, two hundred and fifty dollar ($615,250.00) Settlement Fund that will be allocated to eligible Settlement Class Members after any Court-approved deductions for Attorneys’ Fees and Costs, Administrative Expenses, and Case Contribution Awards. Settlement Class Members in the following two subclasses who are eligible for a payment from the Settlement Fund will receive their settlement payment in the form of a check, or in the form of a tax-qualified rollover to an individual retirement account or other eligible employer plan if they elect a rollover: Pre-2016 Severance Plan Subclass (defined below) and Post-2016 Severance Plan Subclass (defined below).

Settlement Class Members in the 401(k) Plan Subclass (defined below) will receive online access to a copy of the most recent 401(k) Plan summary plan description document.  This 401(k) Plan Subclass will not be eligible for a payment from the Settlement Fund because the Settlement Fund is intended to address certain claims relating to administrative expenses that were charged to Settlement Class Members in the Severance Plan.

This website is provided as a service to eligible settlement participants. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Notice of Proposed Class Action Settlement.