Frequently Asked Questions
- How do I know if I am a Settlement Class Member?
- What is the procedure for filing a claim?
- How do I request a check re-issue?
- 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?
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.
The deadline to file a claim has passed and the Court has imposed a bar date, whereby any proofs of claim received after June 15, 2013 are not eligible for payment from the Net Settlement Funds.
You must write to the Claims Administrator. Include your full name, address, claim number (if available), daytime telephone number with the best time of day to reach you, and a statement explaining the reason for your re-issue. Please mail your correspondence to:
Bear Stearns Securities Litigation Settlements
c/o The Garden City Group, Inc.
P.O. Box 9897
Dublin, OH 43017-5797
If your request is complete, your check will be reissued as soon as possible.
4. 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.