Senegal, et al. v. JPMorgan Chase Bank, N.A.Case No. 18-cv-6006
Welcome to the Information Website for the Senegal, et al. v. JPMorgan Chase Bank. N.A. Settlement.
This website contains important information regarding the race discrimination class action settlement in Senegal, et al. v. JPMorgan Chase Bank. N.A. The Court granted preliminary approval of the Settlement on September 12, 2018 and authorized this website to inform class members of their rights and options under the Settlement.
The proposed Settlement will provide a Settlement Fund of $19.5 million and a Diversity and Reserve Fund of $4.5 million for a class of African American and/or Black Financial Advisors, Financial Advisor Associates, Senior Financial Advisors, and Private Client Advisors (collectively, “Advisors”) to resolve alleged claims of race discrimination and retaliation against Chase. The proposed Settlement would also provide programmatic relief to increase opportunities for current Advisors who are African American and/or Black.
To qualify to receive a monetary award, you must be African American and/or Black and you must have been employed by Chase as an Advisor within Chase Wealth Management at any time from April 13, 2013, through September 12, 2018.
The Final Approval Hearing on the Settlement will be held at 10:30 a.m. on December 18, 2018. At this hearing, the Court will determine whether the proposed Settlement is fair, reasonable, and adequate and whether it should be approved.
This website summarizes information in the Notice you may have received, which you should review carefully. If you would like to view the Notices, click here.
For a copy of the Settlement Agreement and other important documents, click here.
If you have questions, you may contact the Settlement Administrator at the number below or the lawyers appointed by the Court to represent the class:
|Linda D. Friedman|
Suzanne E. Bish
George S. Robot
Stowell & Friedman, Ltd.
303 W. Madison Street, Suite 2600
Chicago, IL 60606-3395