Notice of Initial Distribution of Net Settlement Fund in In re Bank of America Corp. Securities Litigation

Jul 16, 2015, 09:00 ET from Bernstein Litowitz Berger & Grossmann LLP from ,Kaplan Fox & Kilsheimer LLP from

NEW YORK, July 16, 2015 /PRNewswire/ -- The following statement is being issued by Bernstein Litowitz Berger & Grossmann LLP, Kaplan Fox & Kilsheimer LLP, and Kessler Topaz Meltzer & Check, LLP regarding the In re Bank of America Corp. Securities Litigation.

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

IN RE BANK OF AMERICA CORP. SECURITIES, DERIVATIVE, AND EMPLOYEE RETIREMENT INCOME SECURITY ACT (ERISA) LITIGATION

Master File No. 09 MDL 2058 (PKC)
ECF CASE

THIS DOCUMENT RELATES TO:
Consolidated Securities Action

NOTICE OF INITIAL DISTRIBUTION OF NET SETTLEMENT FUND

TO: ALL PERSONS AND ENTITIES WHO SUBMITTED A PROOF OF CLAIM AND RELEASE FORM IN CONNECTION WITH THE SETTLEMENT OF THE ABOVE-CAPTIONED ACTION.

PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED.

An initial distribution of the Net Settlement  Fund in the In re Bank of America Corp. Securities Litigation, Master File No. 09 MDL 2058 (PKC), recently has been made to all Class Members who submitted a Claim Form to the Claims Administrator, Garden City Group, LLC, and who did not receive a notice from the Claims Administrator that (i) their Claim had been recommended for complete rejection; (ii) the amount of their Claim fell below the minimum level to receive a payment; or (iii) because their Claim had been received after November 5, 2014, it was not eligible for payment in the distribution.

If you submitted a Claim Form to the Claims Administrator and you did not receive any of the notices mentioned above, and you have not yet received an initial distribution check, you must, by August 15, 2015, notify the Claims Administrator, as follows:

In re Bank of America Corp. Securities Litigation
c/o Garden City Group, LLC
P.O. Box 9876
Dublin, OH 43017-5776
Tel: 1-855-733-8308 (toll free)

FAILURE TO NOTIFY THE CLAIMS ADMINISTRATOR BY AUGUST 15, 2015 THAT YOU SUBMITTED A CLAIM FORM AND DID NOT RECEIVE ANY OF THE NOTICES NOTED ABOVE, BUT DID NOT RECEIVE AN INITIAL DISTRIBUTION CHECK, WILL RESULT IN THE FORFEITURE OF YOUR ENTIRE CLAIM.

Co-Lead Counsel identified below are available to answer questions concerning the initial distribution or other claims processing matters:

Bernstein Litowitz Berger & Grossmann LLP
1285 Avenue of the Americas
New York, NY 10019
Rochelle Feder Hansen, Esq.
(212) 554-1407
David L. Duncan, Esq.
(212) 554-1464

Kaplan Fox & Kilsheimer LLP
850 Third Avenue, 14th Floor
New York, NY 10022
Robert N. Kaplan, Esq.
(212) 687-1980
Frederic S. Fox, Esq.
(212) 687-1980

Kessler Topaz Meltzer & Check, LLP
280 King of Prussia Road
Radnor, PA 19087
David Kessler, Esq.
(610) 667-7706
Sharan Nirmul, Esq.
(610) 667-7706

PLEASE DO NOT CONTACT THE COURT REGARDING THIS NOTICE.

By Order of the Court

 

SOURCE Bernstein Litowitz Berger & Grossmann LLP; Kaplan Fox & Kilsheimer LLP; Kessler Topaz Meltzer & Check, LLP