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Employment

GRANT MOLLA v. GERDAU AMERISTEEL US, INC. Settlement

Checked October 15, 2026 against the official notice · Edited by Ferhat Abdullahoglu

FilingNothing to file: paid automatically
You can get$1.5M fund
ProofNo proof needed

Free to check. We remind you before deadlines. You file on the official site.

If you were a participant in the Gerdau Ameristeel US 401(k) Retirement Plan between September 9, 2016, through March 10, 2025, you may be eligible for a payment from this settlement. Payments will be deposited into active participant accounts or sent by check to former participants, and the amount can go up or down depending on the number of eligible class members.

Who qualifies

  • Between September 9, 2016 and March 10, 2025.
  • Anywhere in the United States.
“If you were a participant in the Gerdau Ameristeel US 401(k) Retirement Plan between September 9, 2016, through March 10, 2025, you may benefit from this class action settlement.”From the court-approved notice

What you can get

Cash payment

a portion of the Distributable Settlement Amount

Proof: None

Total settlement fund$1.5M
ProofNo proof needed

These are the amounts the settlement publishes. Shares of a fund depend on how many people file: what pro rata means.

How to file

There's nothing to file: class members are paid automatically once the settlement is final.

Key dates

Final approval hearingJuly 8, 2025
PaymentsAfter final approval

When settlements pay, and what can delay it.

Is this settlement legit?

Yes. It's a court-approved class action settlement in the United States District Court for the Middle District of Florida (case 8:22-cv-02094-VMC). The official site is gerdau401ksettlement.com. You never pay to file a claim. How to check a settlement notice.

Related settlements

ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.