If you were a participant in the Bed Bath & Beyond, Inc. 401(k) Savings Plan in 2023, you may be part of a class action settlement.
The Settlement Class (whose members are “Settlement Class Members”) includes all Participants whose individual Plan accounts were adjusted by any amount due to the Market Value Adjustment that was applied to the Plan’s interest in the MassMutual Guaranteed Interest Account after Bed Bath & Beyond passed a resolution to terminate the Bed Bath & Beyond, Inc. 401(k) Savings Plan in 2023, along with their Beneficiaries and Alternate Payees of record, excluding Defendants.
The Court still has to decide whether to give its final approval to the Settlement. Payments under the Settlement will be made only if the Court finally approves the Settlement, and that final approval is upheld in the event of any appeal.
This website is provided as a service to potential class members. 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 Notice of Pendency of Class Action and Proposed Settlement.