Frequently Asked Questions

  1. How do I know if I am a Settlement Class Member?
  2. What do I need to do to recover from the Settlement?
  3. What is the procedure for filing a claim?
  4. What are acceptable forms of supporting documentation for my claim?
  5. As a former Bear Stearns employee, at the time of the merger with JPMorgan Chase & Co., I had to sign a release form before being given, vesting or converting restricted stock units and/or capital appreciation plan units. Does this exclude me from the Settlement?





1. How do I know if I am a Settlement Class Member?

If you purchased or acquired the publicly traded equity securities or options of The Bear Stearns Companies Inc. or were an employee who received vested stock units during the period from December 14, 2006 to and through March 14, 2008, inclusive, you may be a Settlement Class Member in this action unless otherwise excluded as explained in the definition of the Settlement Class contained in the Notice on page 5.

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2. What do I need to do to recover from the Settlement?

If you believe you are a Settlement Class Member, you must complete and submit a Proof of Claim form, along with the necessary supporting documentation to the Claims Administrator.

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3. What is the procedure for filing a claim?

If you wish to submit a claim, you must do so no later than October 25, 2012. The Claim Form can be submitted in one of three ways:

  1. In hardcopy, postmarked no later than October 25, 2012 and mailed to the following address:

    Bear Stearns Securities Litigation Settlements
    c/o The Garden City Group, Inc.
    P.O. Box 9897
    Dublin, OH 43017-5797

  2. Online on this website, no later than October 25, 2012

  3. Electronically (for Institutions only), no later than October 25, 2012

For additional assistance in filing a claim, please visit GCG's homepage and search under Cases/Filing Tips for helpful hints in filing your claim.

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4. What are acceptable forms of supporting documentation for my claim?

Each section of the Claim Form must be fully documented to be considered eligible. This includes all purchase transactions inside of the class period, all sales transactions, and those securities remaining unsold after the end of the class period.

Any documentation provided must include the claimant's name and address or account number. Appropriate documentation to support your claim includes:

  • Trade Confirmation - Trade confirmation slips showing the trade date, quantity, price per security and net amount of the transaction are acceptable forms of documentation to support class period purchases or sales.

  • Official monthly, quarterly or year-end broker statements - Monthly, quarterly or year-end statements provided by your broker listing your transactions are sufficient to prove purchase and sale transactions so long as the necessary information for that transaction is included, such as the trade date, quantity and price paid or received for each security, and the total amount paid or received for each transaction. These statements may also be used to support the quantity of securities held after the class period has ended. On your claim form, these will be listed as Unsold Holdings.

  • Stock Certificates - Copies of stock certificates may be used to support the amount of shares held at the end of the class period, or unsold holdings. They do not evidence when and for how much the shares were purchased.

Please Note: The Claims Administrator, Class Counsel or the Court reserve the right to request additional information or documentation.

Spreadsheets, charts, tax forms, hand written information, and other documentation prepared by the claimant are not considered adequate supporting documentation.

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5. As a former Bear Stearns employee, at the time of the merger with JPMorgan Chase & Co., I had to sign a release form before being given, vesting or converting restricted stock units and/or capital appreciation plan units. Does this exclude me from the Settlement?

No. The Settlement Class definition does not exclude anyone who may have signed a release in connection with their employment/compensation at Bear Stearns. This includes anyone who signed an "Agreement and Release" in connection with converting their outstanding CAP and/or RS Units in connection with the merger between Bear Stearns and JPMorgan Chase & Co. As such, any such claims will be processed just like other claims and the execution of any prior release, in and of itself, will not be grounds for rejecting any claim.

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