JPMorgan 401(k) Retirement Savings Plan Lawsuit
A 75 million dollar settlement has been proposed to resolve the class action lawsuit entitled In re: J.P. Morgan Stable Value Fund ERISA Litigation.
The deadline to file a claim is cited as 7/9/2019.
Visit www.jpmsvfclassaction.com for more information and to file a claim.
Who should file a claim?
“All current and former participants or beneficiaries of ERISA plans who were invested in any JPM Stable Value Fund which in turn invested in the JPM Intermediate Bond Fund and/or the Intermediate Public Bond Fund between Jan. 1, 2009 and Dec. 31, 2010.” – jpmsvfclassaction.com
JPMorgan 401(k) Retirement Savings Plan Subclass
There are three subclasses according to the terms of the lawsuit:
- SAIF Subclass: All Class Members who were invested in the JPM Stable Asset Income Fund (SAIF) between Jan. 1, 2009 and Dec. 31, 2010.
- ACSAF/JPMorgan Stable Value Fund Subclass: All Class Members who were invested into the American Century Stable Asset Fund (ACSAF) immediately before JPMorgan took over the fund and received its assets in the ACSAF/JPM Stable Value Fund from Sept. 17, 2007, to Dec. 31, 2010.
- Caterpillar Subclass: All Class Members who were invested into JPMorgan’s Caterpillar Stable Principal Fund or any other JPM Stable Value Fund that invested in the Intermediate Bond Fund and/or the Intermediate Public Bond Fund between Jan. 1, 2009 and Dec. 31, 2010. If members of the Class or subclass had their investments perform poorly based on the Hueler Index, Lehman/Barclays Intermediate Aggregate Index, or another objective benchmark, they may be able to file a claim and recover compensation.
Any questions in regards to the subclasses or claim eligibility should dial toll-free 1-844-877-5911 or email info@JPMSVFClassAction.com.
Class members can also reach out via US Mail.
Please write to “JPM Stable Value Fund Litigation c/o JND Class Action Administration P.O. Box 91324 Seattle, WA 98111-9424”.
More Settlements: Read SBATCPASettlement. The case is pending in the U.S. District Court for the Southern District of Florida.
Where to file a claim?