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Koch Industries
Participants or beneficiaries of certain Koch retirement plans may be eligible for payments from a $4 million settlement.
ClosedUnited States-wideClaim status: Closed on December 27, 2021Payout: VariesNo longer claimable
About this settlement
Settlement for alleged recordkeeping issues affecting certain Koch and Georgia-Pacific 401(k) retirement plans.
This settlement resolves claims related to recordkeeping practices for the Georgia-Pacific LLC Hourly 401(k) Plan, the Koch Industries Inc. Employees’ Savings Plan, and the Georgia-Pacific LLC 401(k) Retirement Savings Plan. Eligible participants or beneficiaries during the specified period may receive payments.
Who qualifies
- Participants or beneficiaries of the Georgia-Pacific LLC Hourly 401(k) Plan between July 16, 2014 and December 31, 2020.
- Participants or beneficiaries of the Koch Industries Inc. Employees’ Savings Plan during the same period.
- Participants or beneficiaries of the Georgia-Pacific LLC 401(k) Retirement Savings Plan during the same period.
Varies
Claim status: Closed on December 27, 2021