Davis, et. al., v. Washington University in St. Louis, et. al.

Case No. 4:17-cv-01641-RLW

United States District Court for the Eastern District of Missouri

If you are currently a participant in the Washington University in St. Louis Retirement Savings Plan, or were a participant in the Plan at any time from June 8, 2011 to March 31, 2022, you are a part of a class action settlement.

SUMMARY OF YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

DO YOU NEED TO FILE A CLAIM?

No. If the Settlement is approved by the Court and you are a Settlement Class Member entitled to a payment under the Plan of Allocation, you do not need to do anything to participate in the Settlement. All Settlement Class Members will be bound by the Settlement Agreement and will give up their rights to sue Defendants about the allegations and topics at issue in this case.

YOU CAN OBJECT BY AUGUST 11, 2022

If you wish to object to any part of this Settlement, Class Counsel’s request for attorneys’ fees and costs, or the proposed compensation to Plaintiffs, you may (as discussed below) write to the Court and Counsel to explain why you object. Please note that if you object, the Court has authorized the parties to seek discovery from you, including requests for documents and appearance at a deposition.

YOU CAN ATTEND A HEARING

If you submit a written objection to the Settlement before the deadline above, you may (but do not have to) ask to speak at a hearing in Court about the fairness of the Settlement or related matters. You may attend the hearing even if you do not file a written objection, but you will not be permitted to address the Court at the hearing unless you notify the Court and counsel by August 11, 2022, of your intention to appear at the hearing.

IF YOU DO NOTHING…

If you are a Current Participant, you will get a share of the Net Settlement Fund to which you are entitled as a credit to your Plan account, and will give up your rights to sue Defendants about the allegations and topics of this case.

If you are a Former Participant, whose settlement payment is $25 or more, you will receive such payment via a tax-deferred distribution process by which the payment will be transferred to an automatic rollover IRA, after which you will receive instructions for how you can access and manage such account, and will give up your rights to sue Defendants about the allegations and topics of this case.

If you are a Former Participant whose entitlement would be less than $25, you will not receive any payment but will still be bound by the Settlement Agreement and will give up your rights to sue Defendants about the allegations and topics of this case.

Payments to Beneficiaries and Alternate Payees will be via check.


MAIL:
Washington University ERISA Settlement
c/o Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA 19103

PHONE: (888) 874-1788

EMAIL: info@WashingtonUniversityERISAsettlement.com