Gruber v Grifols ERISA Settlement

Gruber v. Grifols Shared Services North America, Inc. et. al.,
Case No: 2:22-cv-02621-SPG-AS (C.D. Cal.)

Frequently Asked Questions

Learn How This Settlement Affects Your Rights and Get Answers to Your Questions About the Settlement

Important Deadlines

Important Settlement Deadlines That Will Affect Your Rights

Court Documents

Welcome to the Grifols ERISA Settlement Home Page.

A Settlement has been reached in a class action lawsuit against Grifols Shared Services North America, Inc. and its Board of Directors (collectively, “Defendants” or “Grifols”). The class action lawsuit asserts claims under the Employee Retirement Income Security Act of 1974 (“ERISA”) concerning the management, operation, and administration of the Plan.

You are included as a Class Member if you were a participant or beneficiary of the Grifols Employee Retirement Savings Plan at any time from April 19, 2016 to November 2, 2023.

This website is provided as a service to eligible settlement participants. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Settlement Notice.

Current Status

The proposed Settlement provides the following:

  • Grifols has agreed to pay $1,450,000.00 into a settlement fund. Class Members are eligible to receive a pro rata share of the amount in the settlement fund remaining after payment of administrative expenses, any attorneys’ fees and expenses that the Court awards to Plaintiffs’ lawyers, and any case contribution award to Plaintiff. The amount of each Class Member’s payment will be based on his or her investments in during the Class Period and will be determined according to a Plan of Allocation in the Settlement Agreement. Payments to current Plan participants will be deposited into their respective Plan accounts. Payments to former Plan participants will be made directly to former Plan participants by check.