Larson, et al. v. Allina Health System, et al.
Allina ERISA Settlement
Case no. 0:17-cv-03835-SRN-TRL

Welcome to the Allina ERISA Settlement Website

If you are a participant or beneficiary of the Allina Health System ("Allina") 403(b) Retirement Savings Plan and the Allina 401(k) Retirement Savings Plan at any time between the Class Period, you may be entitled to a payment under the proposed Settlement.

What is this lawsuit about?

This litigation (the “Action”) is a class action in which Named Plaintiffs Judy Larson, Janelle Mausolf, and Karen Reese, allege that the Defendants breached fiduciary duties owed to the participants in and beneficiaries of the Plans under the Employee Retirement Income Security Act of 1974 ("ERISA") by, among other things, failing to attempt to reduce the Plans’ expenses or exercise appropriate judgment to scrutinize each investment option that was offered in the Plans to ensure it was prudent. Defendants have denied and continue to deny all of the claims and allegations in the Action and deny any liability or wrongful conduct of any kind.

A copy of the Complaint, as well as other documents filed in the Action, are available on the Important Documents page.

Who is included?

You are a member of the Settlement Class if you fall within the definition of the Settlement Class preliminarily approved by Judge Susan Richard Nelson:  

All participants and beneficiaries (excluding Defendants and their Immediate Family Members) of the Allina Health System (“Allina”) 403(b) Retirement Savings Plan and the Allina 401(k) Retirement Savings Plan  at any time between August 18, 2011 and November 21, 2019.

Your Legal Rights and Options

OPTION
EVENT
YOU ARE NOT REQUIRED TO FILE A CLAIM IF YOU ARE ENTITLED TO A PAYMENT UNDER THE SETTLEMENT AGREEMENT. If the Settlement is approved by the Court and you are a member of the Settlement Class, you will not need to file a claim in order to receive a Settlement payment if you are entitled to receive a payment under the Settlement Agreement.
HOW SETTLEMENT PAYMENTS WILL BE DISTRIBUTED. If you are currently participating or have an account balance in the Plans and are a Settlement Class member, any share of the Net Proceeds to which you are entitled will be deposited into your Plan account. If you are a Former Participant (i.e., no longer a participant in either of the Plans) but are a Settlement Class member whose calculated share of the Net Proceeds, hereafter referred to as the “Entitlement Amount,” is determined to be Two Hundred Dollars ($200.00) or more, you will be given the option to either roll over your distribution amount to an eligible individual retirement account or other eligible employer plan, or receive payment directly by check. If you are a Former Participant and a Settlement Class member whose Entitlement Amount is determined to be less than Two Hundred Dollars ($200.00), such funds shall be paid directly to you by the Settlement Administrator.. 
YOU MAY OBJECT TO THE SETTLEMENT.

March 16, 2020		 If you wish to object to any part of the Settlement, you may (as discussed in Question 13) write to the Court and the attorneys for the Parties about why you object to the Settlement.
YOU MAY ATTEND THE FAIRNESS HEARING.

April 16, 2020		 If you submit a written objection to the Settlement to the Court and counsel before the Court-approved deadline, you may (but do not have to) attend the Fairness Hearing about the Settlement and present your objections to the Court.  You may attend the Fairness Hearing even if you do not file a written objection, but you will only be allowed to speak at the Fairness Hearing if you file a written objection in advance of the Fairness Hearing AND you file a Notice of Intention To Appear, as described in the answer to Question 16.

For More Information

Visit this website often to get the most up-to-date information.

Call
1-855-961-0951
Email
AllinaERISAsettlement@ktmc.com
Mail

Allina ERISA Settlement
c/o JND Legal Administration
PO Box 91334
Seattle, WA 98111