
Contents
Short Description
The class-action lawsuit, filed in December, 2015, alleged that the Bank of New York breached it fiduciary duties and engaged in prohibited transactions under ERISA in conducting foreign exchange transactional services in connect with BNYM ADRs.
Who’s Eligible
Class members who represent an ERISA Entity that held, directly or indirectly, American Depositary Receipts for which the Bank of New York Mellon acted as the depositary, and for which BNYM, in its capacity as a depositary, provided foreign currency exchange transaction services between January 1, 1997 and December 20, 2018.
Settlement Amount
$12.5M
Potential Award
varies.
Proof of Purchase
Depending on the nature of your specific claim, you may need to provide supporting materials.
FAQs
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Settlement Insider is not a Settlement Administrator).
Claim form Deadline
4/29/2019
Final Hearing
5/23/2019
Case Name
Carver, et al. v. the Bank of New York Mellon, et al., Case No. 15-cv-10180 (JPO), in the U.S. District Court for the Southern District of New York.
Settlement Website
www.bnymadrerisasettlement.com
Settlement Website Status
Open.
Class Counsel
Heather McElroy, Esq. Barry Landy, Esq. Ciresi Conlin LLP.
J. Brian McTigue, Esq. Regina M. Markey, Esq. McTigue Law LLP.
Unable to determine eligibility. Please let me know how to determine if we are part of this class action.
I am suppose to give my claim number and pin but I have not found a place asking for it. Please email me the answer.
BNY001DC51A1B Claim Number 1225176
are we entities individuals or are we not please email us with the answer thanks for leaving us know. yours truly
I have found no place to leave pin, claim number, or password. I had to do this 3 times to engage
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MY NAME IS BARBARA SHERIDAN, RECEIVED A CARD FROM NOTICE FROM YOU RE:A CLAIM. PLEASE SEND MORE INFO TO ME.