In re J.P. Morgan Stable Value Fund Erisa Litigation

  1. September 24, 2019

    Workers' Attys Get $25M In Fees From JPMorgan ERISA Deal

    A New York federal judge has given the final green light to a $75 million settlement resolving an Employee Retirement Income Security Act class action over JPMorgan Chase & Co.'s management of investments from participants in third-party 401(k) plans, signing off on the participants' bid for $25 million in attorney fees.

  2. November 30, 2017

    Objectors Say $75M JPMorgan Deal Must At Least Double

    Four investors who sued JPMorgan Chase & Co. over the performance of several stable value funds that held mortgage-backed securities during the financial crisis are opposing a $75 million settlement struck by other class representatives, telling a New York federal judge on Thursday that a fair sum would be at least $159 million.

  3. November 06, 2017

    JPMorgan Inks $75M Settlement Over Fund Performance

    A class of investors who sued JPMorgan Chase & Co. over the performance of several stable value funds that held mortgage-backed securities during the financial crisis told a federal judge in Manhattan on Friday that they've reached a $75 million settlement with the bank.

  4. April 17, 2017

    Employees Win Cert. In JPMorgan ERISA Management Suit

    A New York federal judge has certified a class of employees suing JPMorgan Chase & Co. over allegedly mismanaging hundreds of companies' retirement funds, finding that a possible causal link between the way funds were managed and the loss 401(k)s suffered suggests breach of fiduciary duty.

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