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www.bnymadrerisasettlement.com- Bank of New York Mellon ADR FX ERISA Class action Settlement

Posted on February 19, 2019February 19, 2019 by settlementinsider

Contents

  • Short Description
  • Who’s Eligible
  • Settlement Amount
  • Potential Award
  • Proof of Purchase
  • FAQs
  • Claim form Deadline
  • Final Hearing
  • Case Name
  • Settlement Website
  • Settlement Website Status
  • Class Counsel

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

FREQUENTLY ASKED QUESTIONS »

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.

8 thoughts on “www.bnymadrerisasettlement.com- Bank of New York Mellon ADR FX ERISA Class action Settlement”

  1. Gerald Anderson, II, DMD says:
    March 4, 2019 at 6:25 pm

    Unable to determine eligibility. Please let me know how to determine if we are part of this class action.

    Reply
    1. Florence Perrin says:
      March 22, 2019 at 5:56 pm

      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.

      Reply
    2. Ken Acree says:
      April 9, 2019 at 1:13 pm

      BNY001DC51A1B Claim Number 1225176

      Reply
  2. Earl D Metzler Mary Louise Metzler JT10 says:
    March 22, 2019 at 12:26 am

    are we entities individuals or are we not please email us with the answer thanks for leaving us know. yours truly

    Reply
  3. Joe Radella says:
    March 27, 2019 at 10:43 am

    I have found no place to leave pin, claim number, or password. I had to do this 3 times to engage

    Reply
  4. glowed says:
    April 17, 2019 at 3:54 pm

    whoah this wеblog is wonderful i really like studying your articles.

    Keep up the good work! You know, a lot of persons are
    looking around for this info, you can aid them grеatly.

    Reply
  5. Johne939 says:
    May 27, 2019 at 11:33 pm

    I was suggested this blog by my cousin. I’m not sure whether this post is written by him as no one else know such detailed about my difficulty. You are wonderful! Thanks!

    Reply
  6. BARBARA SHERIDAN says:
    August 21, 2019 at 5:45 pm

    MY NAME IS BARBARA SHERIDAN, RECEIVED A CARD FROM NOTICE FROM YOU RE:A CLAIM. PLEASE SEND MORE INFO TO ME.

    Reply

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