No Proof Required
Aluminum Precision Products $2M ERISA Class Action Settlement
By the Class Action Buddy Editorial Team · Last reviewed July 22, 2026
Looking for a settlement you can still file?
This one is closed, but our 60-second eligibility quiz finds the ones that are still open.
Who Was Eligible?
Who the settlement covered:
- You were a current or former employee of Aluminum Precision Products (APP)
- You participated in the Aluminum Precision Products Employee Stock Ownership Plan (ESOP)
- You held shares or had an account balance in the APP ESOP during the relevant period covered by the settlement
- You may qualify even if you no longer work for Aluminum Precision Products
- Beneficiaries or alternate payees of eligible ESOP participants may also qualify — check the official settlement details for confirmation
How Much Did It Pay?
The total settlement fund is $2 million, which will be distributed among eligible ESOP participants. Your individual payout will depend on factors such as the number of valid claims filed, your account balance in the ESOP during the covered period, and the settlement's distribution formula. Because ERISA/ESOP settlements typically allocate funds proportionally based on each participant's plan balance or losses, those with larger account balances or longer participation periods may receive higher payments. Specific individual payout amounts have not been publicly confirmed at this time. Once the court approves the final settlement and claims are processed, eligible participants will receive their share of the net settlement fund (after attorneys' fees and administrative costs are deducted). Keep an eye on official settlement communications for updated payout estimates.How this claim was filed
This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.
- Confirm you were a participant in the Aluminum Precision Products ESOP during the covered period
- Gather any records related to your employment at Aluminum Precision Products and your ESOP participation (helpful but may not be required)
- Visit the official settlement website at claimdepot.com/settlements/app-esop-settlement for the most up-to-date claim form and instructions
- Complete and submit your claim form before the deadline of September 2, 2026
Looking for something you can still claim?
This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.
Frequently Asked Questions
What is the deadline to file a claim for the Aluminum Precision Products $2M ERISA Class Action Settlement?
The deadline to file a claim was Sep 02, 2026, and it has passed. Claims are no longer accepted for this settlement.
Did I need proof of purchase for the Aluminum Precision Products $2M ERISA Class Action Settlement?
No proof of purchase was required — claims could be made on a sworn statement, without receipts, photos, or product packaging.
Who qualifies for the Aluminum Precision Products ERISA settlement?
Current and former employees of Aluminum Precision Products who participated in the company's Employee Stock Ownership Plan (ESOP) are likely eligible. If you had an account balance in the APP ESOP during the period covered by the lawsuit, you should check the official settlement site to confirm your eligibility.
Do I need proof to file a claim for the APP ESOP settlement?
Based on available information, no proof is required to file a claim for this settlement. However, it's always a good idea to keep any employment or retirement plan records handy in case they're needed during claims processing.
What is an ESOP class action settlement and why did this happen?
An ESOP (Employee Stock Ownership Plan) class action under ERISA typically happens when employees allege their retirement plan was mismanaged — for example, if company stock was overvalued, the plan suffered avoidable losses, or plan administrators breached their fiduciary duties. The $2 million Aluminum Precision Products settlement resolves these types of claims without an admission of wrongdoing by the company.
What is the deadline to file a claim for the Aluminum Precision Products settlement?
The deadline to submit your claim is September 2, 2026. Missing this deadline typically means you forfeit your right to receive any payment from the settlement, so it's important to file as early as possible.
How much money will I get from the APP ERISA settlement?
The total settlement fund is $2 million. Your individual payment will depend on how many people file valid claims and your share of the ESOP during the covered period. Specific per-person payout amounts haven't been announced yet, but funds are typically distributed proportionally based on each participant's account balance or calculated losses.
Primary source: the official settlement administrator’s website named in the court-approved class notice. We track this settlement from public settlement-notice sources; a single official administrator claim URL was not on file, so confirm the details on the official settlement website before you file.
Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.
This settlement has closed
The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.
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