Astellas U.S LLC Settlement: A Legit Class Action? See If You Qualify

Did you receive the Astellas U.S LLC Settlement email? It is not a scam. You received the mail because you filed a claim.

Astellas U.S LLC is settling for $9.5 million over claims that it didn’t quite play by the rules when it came to handling its retirement and savings plan.

Who Is Eligible For The Astellas U.S LLC Settlement

here’s the deal: the settlement class includes anyone who joined in on Astellas’ retirement plan between October 3, 2016, and March 31, 2023. That means even beneficiaries of folks who were in the plan during this time and even those who had a piece of the pie through a qualified domestic relations order can get in on this.

Now, the plaintiff argued that Astellas didn’t quite follow the rules laid out in the Employee Retirement Income Security Act (ERISA) of 1974. They said Aon Hewitt Investment Consulting Inc. was looking out for its own interests, investing the plan’s money in its own funds.

How Much Is The Settlement

Here’s how the Astellas settlement is gonna roll out: If you had a plan account with some money in it as of March 31, 2023, you’re in the game! The funds will go straight into your account.

Now, for the folks who aren’t in the plan anymore, you gotta fill out a former participant claim form to get your piece of the pie. But be careful, if you miss the deadline to submit that form, you’ll have to wave bye-bye to your share.

How To File A Claim

If you are eligible, fill out a valid claim form before the deadline on Oct. 23, 2023.

Click here to fill out a claim form if you are eligible.

Conclusion

Wachala, et al. v. Astellas US LLC, et al., Case No. 20-cv-03882 is not a scam. Just like WSE property management settlement, the settlement class includes anyone who joined in on Astellas’ retirement plan between October 3, 2016, and March 31, 2023.