Alaska Electrical Pension Fund v. Bank of America, N.A., Lead Case No.: 14-cv-7126 (JMF)
Previously approved settlements recovering a combined total of $408.5 million were reached with ten defendants, and those settlements have been given final approval by the Court (the “Approved Settlements”). The Approved Settlements were reached with defendants Bank of America, N.A.; Barclays Bank PLC and Barclays Capital Inc.; Citigroup Inc.; Credit Suisse AG, New York Branch; Deutsche Bank AG; The Goldman Sachs Group, Inc.; HSBC Bank USA, N.A.; JPMorgan Chase & Co.; Royal Bank of Scotland PLC; and UBS AG.
To view Court Documents specific to the Approved Settlements, click the button below.
A new and additional proposed settlement (the “Proposed Settlement”) has been reached with Defendants BNP Paribas (named in the Action as “B.N.P. Paribas SA”); ICAP Capital Markets LLC (now known as Intercapital Capital Markets LLC); Morgan Stanley & Co. LLC; Nomura Securities International, Inc.; and Wells Fargo Bank, N.A. (collectively, the “Newly Settling Defendants”). The Newly Settling Defendants have agreed to pay a total of $96 million.
To view Court Documents specific to the Proposed Settlement, click the button below.