Class Eligibility

All participants and beneficiaries of the Fujitsu Group Defined Contribution and 401(k) Plan at any time on or after June 30, 2010 through September 30, 2017 including any Beneficiary of a deceased person who was a Participant in the Plan at any time during the Class Period, and any Alternate Payees in the case of a person subject to a Qualified Domestic Relations Order who was a Participant in the Plan at any time during the Class Period.

Estimated Amount

Varies The Net Settlement Amount will be divided pro rata among eligible Class Members based on each eligible Class Member’s quarterly account balances during the Class Period. Account balances from the beginning of the Class Period through the third quarter of 2016 will be weighted at a rate of 10 times the dollar amount invested, and account balances from the fourth quarter of 2016 until the end of the Class Period will be weighted at a rate of 1 times the dollar amount invested. There are approximately 22,705 Class Members. Note that if you are an Alternate Payee pursuant to a Qualified Domestic Relations Order, your portion of the Settlement will be distributed pursuant to the terms of that order. If the dollar amount of a settlement payment to an authorized former participant is calculated to be $5 or less, then that authorized former participant will not be issued a settlement payment.
Proof of Purchase
Case Name
Jerry Johnson, et al. v. Fujitsu Technology and Business of America Inc., et al., Case No. 5:16-cv-03698 District Court for the Northern District of California
Case Summary
In the Class Action, the Class Representatives claim that Defendants failed to prudently control Plan costs and failed prudently to manage the Plan’s investments in the best interests of Plan participants and beneficiaries, and thereby breached fiduciary duties to the Plan and its participants and beneficiaries under Subchapter I, Subtitle B, Part 4 of ERISA. Defendants have denied and continue to deny the claims and contentions of the Class Representatives. Defendants also deny that they are liable at all to the Class, and deny that the Class or the Plan have suffered any harm or damage for which Defendants could or should be held responsible.
Settlement Pool
Fujitsu Group Defined Contribution and 401(k) Plan Settlement Administrator P.O. Box 2005 Chanhassen, MN 55317-2005 866-997-1382

9 responses to “Fujitsu 401k Class Action Settlement”

  1. JENNIFER LONG says:


    ADMIN – Hi Jennifer,

    Carefully read the section titled class eligibility. If you qualify consider filing a claim.

  2. Tracey kovich says:

    I would love to be a part of the law suit.

    ADMIN – Hi Tracey,

    Cool, if you feel you are a member of the class; meaning you meet the criteria described under class eligibility by all means file a claim.

  3. Takeila Coleman says:

    I would love to be apart of this law suit

    ADMIN – Hi Takeila,

    Use the link provided.

  4. yvonne enriquez says:

    I want to file

    ADMIN – Hi Yvonne,

    Use the link provided and complete the form is you are a member of the class

  5. Esther Aguayo says:

    I want to be part of this law suit

    ADMIN – Hi Esther,

    If you meet the requirements set forth under class eligibility consider filing a claim.

  6. Esther Aguayo says:

    I would love to be a part of the law suit

    ADMIN – Hi Esther,

    Did you work for Fujitsu?

  7. Mary L. Francis says:

    I was advised that I qualified for a rebate since I have been an active investor in Fujitsu 401k for many years including the period specified above. Why haven’t I received my settlement rebate.

    Mary L Francis
    2915 West Bwerwick
    Claremore, Oklahoma

    ADMIN – Hi Mary,

    Have you contacted the class action administrator to ask?

  8. Theresa Norath says:

    I just found my Former Participant Claim Form which I mailed on January 25, 2018. Has this matter been resolved yet as I do not recall receiving a settlement check.

    • Angelica (Admin) says:

      Sorry to hear that, Theresa, but we cannot answer your question. We are just a class action newspaper. You’ll have to contact the Settlement Administrator directly, if you haven’t already done so. The details are provided above; just scroll up. Thank you, and best of luck.