Case Home
If you were a participant in the Gerdau Ameristeel US 401(k) Retirement Plan between September 9, 2016, through March 10, 2025, you may benefit from this class action settlement.
The case is Grant Molla, on behalf of the Gerdau Ameristeel US 401(k) Retirement Plan, himself, and all others similarly situated, v. Gerdau Ameristeel US, Inc., and the Gerdau Benefits Plans Administrative Committee,
No. 8:22-cv-02094-VMC (M.D. Florida).
A federal court has authorized this notice. This is not a solicitation from a lawyer. If you received a Notice of Class Action Settlement (“Notice”) because the records of the Gerdau Ameristeel US 401(k) Retirement Plan (the “Plan”), indicate that you were a participant in the Plan during the period September 9, 2016, through March 10, 2025 (the “Class Period”). The Notice advises you of basic information about your options.
|
|
YOUR LEGAL RIGHTS AND OPTIONS UNDER THE SETTLEMENT |
|
YOU ARE NOT REQUIRED TO FILE A CLAIM IF YOU ARE ENTITLED TO A PAYMENT UNDER THE SETTLEMENT AGREEMENT |
If the Settlement is approved by the Court and you are a member of the Settlement Class, you will not need to file a claim in order to receive a Settlement payment if you are entitled to receive a payment under the Settlement Agreement. |
|
HOW SETTLEMENT PAYMENTS WILL BE DISTRIBUTED |
If you currently have a positive account balance in the Plan and are a Settlement Class Member, any share of the Distributable Settlement Amount to which you are entitled will be deposited into your Plan account. If you are a Former Participant (i.e., no longer a participant in the Plan) and are a Settlement Class Member, such funds to which you are entitled shall be paid directly to you by the Settlement Administrator by check. Not all Settlement Class Members will receive a payment, and it may take several months for the payments to be made. |
|
YOU MAY OBJECT TO THE SETTLEMENT BY: June 17, 2025 |
If you wish to object to any part of the Settlement, you may write to the Court and the attorneys for the Parties about why you object to the Settlement. Address your objection to: Clerk of the Court, United States District Court for the Middle District of Florida, 801 North Florida Avenue, Tampa, Florida 33602. You should also email a copy of your objection to Class Counsel at bhill@wfclaw.com and Defense Counsel at brett.preston@hwhlaw.com. Please write “Gerdau Settlement” in the subject line of the emails. |
|
YOU MAY ATTEND THE FINAL APPROVAL HEARING TO BE HELD ON: July 8, 2025 |
If you submit a written objection to the Settlement to the Court and counsel before the Court-approved deadline, you may (but do not have to) attend the Final Approval Hearing about the Settlement and present your objections to the Court. You may attend the Final Approval Hearing even if you do not file a written objection, but you will only be allowed to speak at the Final Approval Hearing if you file a written objection by the Court-approved deadline in advance of the Final Approval Hearing AND you file a notice of intention to appear, as described in the answer to Question Nos. 14 and 17 in the Long Form Settlement Notice. |
Do not contact the Court or Defendant for information about the Settlement. All questions should be directed to the Settlement Administrator, or Class Counsel.