A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of JPMorgan Chase & Co (NYSE: JPM) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on June 13, 2016 and NYSE: JPM investors should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/26/2016 -- The Shareholders Foundation announced that a deadline is coming up on June 13, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of JPMorgan Chase & Co (NYSE: JPM) between April 13, 2012 and May 21, 2012.
Investors who purchased a significant amount of shares of JPMorgan Chase & Co (NYSE: JPM) between April 13, 2012 and May 21, 2012, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The settlement proof of claim form or detailed settlement notice for the settlement in the JPMorgan Chase & Co (NYSE: JPM) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/jpmorgan-chase-co-nyse-jpm-investor-securities-class-action-lawsuit-05142012
In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is June 13, 2016. The class action administrator for this case is KCC Class Action Services.
The lawsuit was originally filed in the U.S. District Court for the Southern District of New York against JPMorgan Chase & Co over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made by its Chief Investment Office between April 13, 2012 and May 11, 2012. According to the complaint the plaintiff alleges on behalf of purchasers of JPMorgan Chase & Co (NYSE: JPM) common stock during the period between April 13, 2012 and May 11, 2012, that JPMorgan Chase & Co and certain of its officers and directors violated the Securities Exchange Act of 1934.
Defendants issued materially false and misleading statements regarding certain securities trading by JPMorgan Chase & Co's Chief Investment Office ("CIO"). Specifically, the plaintiff claims that defendants allegedly misrepresented and/or failed to disclose that the CIO had engaged in extremely risky and speculative trades that exposed JPMorgan Chase & Co to significant losses.
Those who purchased shares of JPMorgan Chase & Co have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com