Ricoh Retirement Plan Settlement: Who Gets Paid Automatically

The notice says that receiving this notice may mean you are in the class, but the amount of any payment is determined separately under the allocation plan.

• You are included if you participated in the Ricoh USA, Inc. Retirement Savings Plan at any point from February 22, 2016, through March 24, 2026.
• The class also includes beneficiaries of participants who died and alternate payees under a QDRO (a court order that gives someone a right to part of a retirement account).
• Ricoh’s defendants and their beneficiaries are excluded.

Being in the class does not guarantee a payment. The notice says payments go to class members who are entitled to a share under the allocation plan.

• No claim form is required.
• You do not have to provide your own records of Plan activity.
• A third-party Settlement Administrator will use the Plan’s account records and a Plan of Allocation approved by the Court to calculate payments.

• The settlement fund is $1,750,000 in cash.
• This is the gross fund, not the amount available for participant payments.
• Taxes, court-approved attorneys’ fees and expenses, named plaintiffs’ Case Contribution Awards, and settlement administration and payment-calculation costs come out first.
• The remaining Net Settlement Amount will be divided under a Court-approved Plan of Allocation. The notice does not state individual payment amounts.

The notice says each person receiving a payment is responsible for any federal, state, or local taxes connected with it.

• If you have a positive Plan account balance when your Final Entitlement Amount is calculated, your payment is to be put into your Plan account.
• If that account closes between the calculation and payment, you will receive a check instead.
• Former participants who are entitled to payment will receive a check from the Settlement Administrator.
• Former-participant checks expire 180 days after issuance. The notice asks former participants whose address is not current with the Plan to contact Class Counsel.

• There is no payment date yet.
• Before payments can be made, the Court must finally approve the settlement, an independent fiduciary must approve it, the Net Settlement Amount must be transferred to the Plan, and individual payment amounts must be calculated.
• Objections or appeals could make the process take a long time, possibly years. If the settlement agreement is terminated, no payments will be made.

• No. This is a non-opt-out settlement class, so class members cannot leave the settlement.
• If it is approved, class members are bound by the resulting orders and releases for claims covered by the settlement.
• You may still object and ask the Court not to approve the settlement.

• A written objection must identify the case, state your reasons, and include your name, address, telephone number, and signature.
• The notice says to file it with the Clerk of the U.S. District Court for the Eastern District of Pennsylvania and provide a copy to Class Counsel and Defense Counsel.
• The notice gives September 21, 2026 as the objection deadline, but its instructions conflict over whether the Court must receive the objection by that date or whether mailing it on time is enough. This notice does not resolve that conflict.

• The Fairness Hearing is currently scheduled for 9:30 a.m. on October 8, 2026, in Courtroom 14-B of the U.S. District Court for the Eastern District of Pennsylvania.
• The Court may change the time, location, or format without further notice, including holding it by phone or video.
• You do not have to attend. To speak at the hearing, the notice requires both a written objection and a Notice of Intention To Appear filed with the Court and received by the attorneys listed in Question 13 by September 21, 2026.

• Class Counsel plans to ask for attorneys’ fees of up to one-third of the settlement amount, or up to $583,333.33, plus up to $50,000 in expenses.
• The four named plaintiffs may ask for up to $5,000 each for their participation in the cases.
• Any amounts the Court approves would be paid from the settlement fund and therefore reduce the Net Settlement Amount available for allocation.