If you were a participant in the Giant Eagle, Inc., Employee Savings Plan, and/or its predecessor or successor plans during the period of August 23, 2018 through July 23, 2025, you may be entitled to a payment from a class action lawsuit settlement.
This litigation is a class action in which Named Plaintiff Cheryl Kehrer alleges that the Defendants breached fiduciary duties owed to the participants in and beneficiaries of the Plan under ERISA by, among other things, failing to attempt to reduce the Plan’s recordkeeping expenses to ensure they were reasonable. Defendants have denied and continue to deny all of the claims and allegations in the Action and deny any liability or wrongful conduct of any kind, and the Court has not found that Defendants did anything wrong with respect to administrating the Plan. Defendants believe they have administered the Plan properly, prudently, and in the best interests of Plan participants at all times.
To avoid the burden, expense, inconvenience, and uncertainty of continued litigation, the parties have concluded that it is in their best interests to resolve and settle the action by entering into a Joint Stipulation of Settlement and Release (the “Settlement Agreement” or “Settlement”). The Court will hold a Final Approval Hearing on November 20, 2025.
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.