80/20 Inc. ESOP ERISA Settlement – $7 Million
80/20 Inc. has agreed to pay $7 million to settle an ERISA class action alleging its Employee Stock Ownership Plan fiduciaries breached their duties. Current and former ESOP participants receive automatic pro rata distributions — no claim form is required. Participants must elect EFT payment by July 14, 2026 or receive a check by mail.
Do I Qualify?
You may be eligible if:
- Individuals who participated in the 80/20 Inc. Employee Stock Ownership Plan during the class period
- Payments distribute automatically based on ESOP account records — no claim form required
- Elect EFT payment method by July 14, 2026 for faster electronic distribution
- 80/20 Inc. manufactures T-slotted aluminum framing and industrial automation components
No claim form is required. Eligible ESOP participants receive automatic distributions. Visit 8020ERISASettlement.com to elect EFT payment by July 14, 2026.
File your claim through the official settlement website.
File Your Claim →What Happened?
80/20 Inc. is a manufacturer of T-slotted aluminum framing and industrial components used in factory automation, machine building, and ergonomic workstations. The lawsuit alleged the company's Employee Stock Ownership Plan fiduciaries breached their duties under ERISA — potentially involving how company stock was valued for ESOP purposes or whether plan participants received fair value.
ESOP litigation of this type has accelerated as the DOL and private plaintiffs scrutinize small manufacturer ESOP valuations. 80/20 agreed to the $7 million settlement without admitting wrongdoing. The fund is large relative to typical small-manufacturer ESOP cases, suggesting meaningful payouts for longer-tenured participants.
The July 14, 2026 deadline applies only to payment method election — the money distributes automatically whether or not a participant elects EFT by that date, though checks take longer to arrive than electronic transfers.
How Much Will I Actually Get?
Eligible ESOP participants receive pro rata distributions based on account balance or years of participation from the $7 million fund. Longer-tenured participants with larger account balances should receive proportionally more. Elect EFT at 8020ERISASettlement.com by July 14, 2026 for faster payment.
Last reviewed: June 23, 2026 | Information verified from court records and official settlement documents.