This settlement is immaterial for SJM at ~0.002% of market cap. The case is dismissed with prejudice, removing any further litigation risk from this specific wage-and-hour claim. No impact on SJM's operations or financial outlook. Monitor for any similar wage-and-hour claims at other facilities, but this specific matter is fully resolved.
Price Chart
Executive Summary
The court granted final approval of a class action settlement in a Pennsylvania wage-and-hour lawsuit against J.M. Smucker Co. and Post Consumer Brands. Smucker will pay $295,000 to resolve claims that hourly employees at its former Bloomsburg, PA pet food facility were not compensated for pre- and post-shift activities. The settlement is immaterial for a $12.3B market cap company — the payment represents ~0.002% of market cap and resolves a routine employment class action with no admission of liability.
Court Ruling Details
Key Facts
- Court granted final approval of class action settlement in wage-and-hour lawsuit against J.M. Smucker Co.
- Smucker will pay $295,000 plus employer-side taxes to resolve claims of unpaid overtime at its former Bloomsburg, PA pet food facility.
- Settlement covers 672 Smucker class members for alleged unpaid pre- and post-shift activities between Nov 2021 and Sep 2025.
- Total settlement fund across both defendants (Smucker and Post) is $895,000; Smucker's share is $295,000.
- No class members objected or opted out; case dismissed with prejudice.
- Smucker's $295,000 payment represents approximately 0.002% of its $12.3B market cap — immaterial.
Financial Impact
Smucker pays $295,000 plus employer-side taxes to settle wage-and-hour class action — approximately 0.002% of market cap
Risk Factors
- No material risk — settlement is de minimis relative to market cap
- Potential for similar wage-and-hour claims at other facilities, though none indicated in this filing
Market Snapshot
Documents Analyzed
This report is based on 2 court opinions.
| Document | Accession Number |
|---|---|
| COURT-RULING Data (Synthetic) | court-3dbxk5u6-SJM |
| COURT-RULING Data (Synthetic) | court-2tivn546-SJM |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $127.07 $128.64 | ▲ +1.24% | ▲ +1.38% | $127.40 (+0.26%) |
Sep 2, 2026 7w ago | Insider Cluster | $128.51 $121.14 | ▼ −5.74% | ▼ −4.59% | $127.40 (−0.86%) |
Aug 26, 2026 8w ago | 8-K | $130.90 $131.44 | ▲ +0.41% | ▲ +0.53% | $127.40 (−2.67%) |
Aug 5, 2026 11w ago | Press Release | $119.21 $118.79 | ▼ −0.35% | ▼ −0.70% | $127.40 (+6.87%) |
Jul 17, 2026 14w ago | Press Release | $112.50 $118.32 | ▲ +5.17% | ▲ +5.60% | $127.40 (+13.24%) |
Jul 1, 2026 16w ago | Court Ruling | $116.22 $111.51 | ▼ −4.05% | ▼ −5.42% | $127.40 (+9.62%) |
Jun 30, 2026 16w ago | Insider Cluster | $114.86 $113.24 | ▲ +1.41% | ▲ +1.67% | $127.40 (−10.92%) |
Jun 30, 2026 16w ago | Insider Cluster | $114.86 $113.24 | ▼ −1.41% | ▼ −1.67% | $127.40 (+10.92%) |
Jun 9, 2026 20w ago | 8-K | $112.39 $115.94 | ▲ +3.16% | ▲ +0.75% | $127.40 (+13.36%) |
Mar 31, 2026 30w ago | Court Ruling | $95.49 $92.47 | ▼ −3.16% | ▼ −6.93% | $127.40 (+33.42%) |
US Market Status
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