BNBuilders Inc. $5 Million ERISA Class Action Settlement
Filed against Unknown · Deadline: November 25, 2026
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About This Settlement
BNBuilders Inc. $5 Million ERISA Class Action Settlement
Participants in or beneficiaries of the BNBuilders ESOP between Dec. 23, 2021, and Dec. 31, 2025, may qualify to claim a payment from a class action settlement.
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Thank you! Check your inbox for a welcome email.Oops! Something went wrong while submitting the form.William C. GendronEditor in ChiefPublishedSeptember 21, 2026 2:05 PMUpdatedSeptember 21, 2026Join the DiscussionVested participants in or beneficiaries of the BNBuilders Inc. Employee Stock Ownership Plan between Dec. 23, 2021, and Dec. 31, 2025, may be eligible to claim a share of a class action settlement.
BNBuilders agreed to pay $5 million to settle a class action lawsuit alleging violations of federal law related to the sale of the company to its ESOP at an inflated price. The lawsuit claims this transaction breached fiduciary duties under the Employee Retirement Income Security Act.
Who qualifies for the class action payout?
Class members include all vested participants in the BNBuilders ESOP from Dec. 23, 2021, to Dec. 31, 2025, and their beneficiaries, including surviving spouses or alternate payees under a qualified domestic relations order.
How much is the settlement payment?
Pro rata cash payment: Eligible class members will receive a pro rata cash payment from the net settlement fund. The payment each class member receives depends on the number of vested shares they held during the class period compared to the total shares all class members held.
Eligible class members do not need to file a claim to receive their share of the settlement. The settlement administrator already has the necessary information from plan records to determine eligibility and calculate awards and will automatically distribute funds by check mailed to the address on file.
How to File Your Claim
- 1Verify your eligibility
Review the settlement details above to confirm you meet the criteria.
- 2Visit the official claim form
Always file through the official settlement administrator website.
- 3Submit before the deadline
You must file by November 25, 2026. Late claims are not accepted.
Frequently Asked Questions
How much can I get from the Unknown settlement?
Payout amounts have not been finalized yet. Check the official settlement page for updates.
What is the deadline to file a claim?
The claim deadline is November 25, 2026. Claims submitted after this date will not be accepted.
Do I need proof to file a claim?
Yes, you may need to provide supporting documentation such as receipts or account records.
How do I file my claim?
Visit the official settlement administrator website to submit your claim. Always verify you are on the correct site before entering personal information.
Who is eligible for this settlement?
This settlement is available to eligible consumers in the United States. Check the official settlement notice for detailed eligibility criteria.
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