If you were a participant in the Kimberly-Clark Corporation 401(k) and Profit Sharing Plan at any time from April 15, 2015 through March 10, 2025, you may be part of a class action settlement.
This website is provided as a service to eligible settlement class members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Notice.
Current Status
The Court has given its preliminary approval to a proposed class action settlement (the “Settlement”), in a lawsuit alleging various claims related to the operation of the Kimberly-Clark Corporation 401(k) and Profit Sharing Plan.
As part of the Settlement, Defendants have agreed to make a one-time payment of $2,250,000. After deduction from the Settlement Amount for any amounts that the Court approves for settlement-related expenses, the remainder of the Settlement Amount, known as the “Distributable Settlement Amount, “ will be distributed to Settlement Class Members. Monies will be distributed in accordance with the Plan of Allocation set forth in Exhibit C to the Settlement Agreement.
The Court still has to decide whether to give its final approval to the Settlement. Payments under the Settlement will be made only if the Court finally approves the Settlement, and that final approval is upheld in the event of any appeal.