How much does the Piggly Wiggly ESOP Class Action Settlement pay?

Estimated payout: Settlement providing a payment of between $7.675 million and $8.65 million. The total settlement fund is $8.2M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.

Is the Piggly Wiggly ESOP Class Action Settlement notice real, or a scam?

Wyche Settlements is the settlement administrator for this case. Claims are filed at wychesettlements.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.

When will payments from the Piggly Wiggly ESOP Class Action Settlement be sent?

Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for September 5, 2018; no payments can be issued before a settlement receives final approval.

Claims closedemployment

Piggly Wiggly ESOP Class Action Settlement

Settlement providing a payment of between $7.675 million and $8.65 million

Last verified September 5, 2026Source: law-firm:keller-rohrbackHow ClaimWatch verifies cases

This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Defendants breached their fiduciary duties by doing nothing as the value of Piggly Wiggly stock plummeted by nearly 90%. The case involved participants and beneficiaries in the Piggly Wiggly ESOP (Employee Stock Ownership Plan).

Do you qualify?

Participants and beneficiaries in the Piggly Wiggly ESOP.

How to file

Visit www.wychesettlements.com/pig for settlement information and administration details. Contact Plaintiffs' counsel at 1-800-326-2547 (8:30 a.m. - 5:30 p.m. ET, Monday-Friday) or email for questions about the settlement.

Common questions

How much does the Piggly Wiggly ESOP Class Action Settlement pay?: Estimated payout: Settlement providing a payment of between $7.675 million and $8.65 million. The total settlement fund is $8.2M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
Is the Piggly Wiggly ESOP Class Action Settlement notice real, or a scam?: Wyche Settlements is the settlement administrator for this case. Claims are filed at wychesettlements.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Piggly Wiggly ESOP Class Action Settlement be sent?: Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for September 5, 2018; no payments can be issued before a settlement receives final approval.

In the news

Proposed $8 million settlement filed in Piggly Wiggly stock options lawsuitTopix.com · May 23, 2018

Headlines via NewsAPI. ClaimWatch isn't affiliated with these publications.

New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

Estimated payout: Settlement providing a payment of between $7.675 million and $8.65 million
Settlement fund: $8.2M
Final hearing: September 5, 2018
Case: Spires v. Schools
Case number: 2:16-cv-00616
Court: United States District Court for the District of South Carolina
Administrator: Wyche Settlements

Official settlement website →

Case status & court docket

Federal court in South Carolina

United States District Court for the District of South Carolina

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