In re JPMorgan Chase Securities Litigation

Case # 12-cv-03852
Case Name In re JPMorgan Chase Securities Litigation
Jurisdiction US District Court for S.D. NY
Summary

Plaintiffs allege that Defendant repeatedly conspired to mislead investors and shareholders.

Final Approval Date 05/10/2016
Result
  1. Final Approval granted.
  2. All objections were found to be without merit and were overruled.
  3. Objector Brown appealed the Final Approval.
  4. Plaintiffs motioned for an appeal bond of $55,000 from Objector-Appellant Brown ($5,000 in direct costs and $50,000 in delay costs).
  5. The motion for appeal bond was denied by the District Court.
  6. The Brown appeal was dismissed for document deficiencies and reinstated.
  7. The reinstated Brown appeal was then voluntarily dismissed.
Dismissal of Last Appeal 11/15/2016
Attachments Docket Report.pdf
Second Amended Consolidated Class Action Complaint.pdf
Preliminary Approval Order.pdf
Plaintiffs' Response to Objections.pdf
Final Approval Order.pdf
Motion for Appeal Bond.pdf
Memorandum in Support of Motion for Appeal Bond.pdf
Declaration in Support of Motion for Appeal Bond.pdf
Order Denying Motion for Appeal Bond.pdf
Added to Index
Last Updated

Objection of Jeff M. Brown

Objectors Jeff M. Brown
Signers Jeff M. Brown
Attorneys Patrick Sweeney
Steven F. Helfand
Summary
  1. Claims process lacks sufficient oversight.
  2. There is no definite timeline for the claims administration process.
  3. A portion of the attorneys' fees should be withheld to provide adequate oversight.
  4. Attorneys' fees do not reflect actual recovery by the class.
  5. Attorneys' fees are excessive and not supported by the docket record.
  6. Cy pres provisions should be included in the settlement.
  7. Costs are not clearly itemized in the notice.
  8. Notice is inadequate since it does not reference specific violated statutes.

NOTE:  Attorneys Sweeney filed his appearance on the appeal.  Attorney Helfand appeard to respond to the Motion for Appeal Bond.

Attachments Objection of Jeff M. Brown.pdf
Appeal of Objector Brown.pdf
Sweeney Appearance for Objector-Appellant Brown.pdf
Helfand Appearance for Objector-Appellant Brown.pdf
Motion to Reinstate Brown Appeal.pdf
Order Granting Motion to Reinstate.pdf
Dismissal of Brown Appeal.pdf
Brown Appeal Docket.pdf
Added to Index
Last Updated