Estée Lauder
No proof required
Up to $5,000
Claims opening soon
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BNBuilders Inc.
BNBuilders Inc. has agreed to a $5 million settlement to resolve a class action lawsuit alleging violations of ERISA related to the sale of the company to its ESOP at an inflated price.
Opening soonUnited States-wideClaim deadline: Pending court decisionEstimated payout: Up to $5,000,000Claims not open yet
About this settlement
Allegations that BNBuilders Inc. sold the company to its ESOP at an inflated price, breaching fiduciary duties under ERISA.
BNBuilders Inc. has agreed to a $5 million settlement to resolve a class action lawsuit alleging violations of the Employee Retirement Income Security Act (ERISA). The lawsuit claims that BNBuilders and other defendants breached their fiduciary duties by selling the company to its Employee Stock Ownership Plan (ESOP) at an inflated price. Vested participants in or beneficiaries of the BNBuilders ESOP between December 23, 2021, and December 31, 2025, may be eligible to claim a share of the settlement. While most eligible class members will receive an automatic pro rata cash payment, those who prefer a direct rollover to a qualified retirement account must submit an online or PDF rollover form by November 25, 2026.
Who qualifies
- All vested participants in the BNBuilders ESOP from December 23, 2021, to December 31, 2025, and their beneficiaries, including surviving spouses or alternate payees under a...
Up to $5,000,000
Claim deadline: Pending court decision
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