Senegal v. JPMorgan Chase Settlement

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 Settlement provides 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”) who were employed at Chase at any time from April 13, 2013 through September 12, 2018 to resolve alleged claims of race discrimination and retaliation. The Settlement also provides programmatic relief to increase opportunities for current Advisors who are African American and/or Black.

The Court granted final approval of the Settlement on December 20, 2018 and authorized the Notice and this website to inform Class Members of their rights and options under the Settlement. If you would like to view the Notice of Final Approval, click here.

After the Class Notice was issued on January 11, 2019, an appeal was filed in the United States Court of Appeals for the Seventh Circuit, and the case and Settlement have been stayed until this appeal is resolved. As a result, no award payments can be made until after the appeal has been finally resolved. If you would like to view the Appeal Notice, click here

Oral argument for this appeal was heard on September 6, 2019.

UPDATE: We are pleased to report that the Settlement has a new Effective Date of December 17, 2019. The Settlement provides that expedited monetary awards and expedited offer letters will be sent within 45 days of the Effective Date. The Neutral Administrator has indicated that awards may go out before this time.

Please be aware that:

The Claims Administrator cannot process any award without both IRS tax forms W4 and W9.

Unless you have recently updated your address, the Claims Administrator will send awards and offer letters to the address used on your Claim Form. If you need to update your address, you should call the Claims Administrator immediately. There is no need to contact the Claims Administrator if your address has not changed.

If you have any questions, you can contact the Claims Administrator at 1-877-393-1068, or Class Counsel at:

For a copy of the Settlement Agreement and other important documents, click here.