SPS Technologies Fire Settlement
$0–$5,000
Last verified September 5, 2026Source: news-signal:PRNewswireHow ClaimWatch verifies cases
What happened
A fire occurred at the SPS Technologies facility located at 301 Highland Avenue, Jenkintown, Pennsylvania from February 17-22, 2025, during which shelter-in-place and temporary voluntary evacuation orders were issued by Abington Township. Plaintiffs allege that individuals and businesses were impacted, injured, or damaged by the fire. SPS Technologies and its parent company Precision Castparts Corp. deny any wrongdoing.
Do you qualify?
The settlement covers two classes: (1) Business Operator Settlement Class—all business entities, including individuals and partnerships doing business under a registered business name, that operated a physical place of business within the Settlement Class Area as of February 17, 2025; and (2) Property Owner, Resident, and Employment Settlement Class—all individuals or entities who owned real property, resided, or were employed at a physical place of business within the Settlement Class Area as of February 17, 2025. The Settlement Class Area includes Abington Township within a one-mile radius of the SPS Facility, the Adjacent Area, and the Voluntary Evacuation Zone.
How to file
Submit a Claim Form online or by mail by December 3, 2026. The Claim Form is available at www.SPS-Settlement.com or by calling (833) 930-0975. You must submit documentation of your losses (business losses, employee wages, or property damage) to be eligible for payment. If you do nothing, you will not receive a payment but will remain bound by the settlement.
Common questions
- How much does the SPS Technologies Fire Settlement pay?
- Estimated payout: $0–$5,000. The total settlement fund is $5M. 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.
- What is the claim deadline for the SPS Technologies Fire Settlement?
- The claim deadline is December 3, 2026. Filing is free and is done on the official settlement website at prnewswire.com.
- Do I need proof of purchase for the SPS Technologies Fire Settlement?
- Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
- Is the SPS Technologies Fire Settlement notice real, or a scam?
- Kroll Settlement Administration LLC is the settlement administrator for this case. Claims are filed at prnewswire.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.
- How long until I get paid from the SPS Technologies Fire Settlement?
- 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 May 25, 2027; no payments can be issued before a settlement receives final approval.
- What happens if I do nothing?
- You receive no payment, and in most class actions you also give up the right to sue SPS Technologies, LLC and Precision Castparts Corp. separately over these same claims. To keep that right you must opt out (exclude yourself) by November 3, 2026.
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.
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