Cymbalista v. JPMorgan Chase Bank, N.A.

Case No. 2:20-CV-00456

You are not being sued. Please do not contact the Court.

A settlement has been proposed to end a class action lawsuit against JPMorgan Chase Bank, N.A. (“Chase”), known as Cymbalista v. JPMorgan Chase Bank, N.A., No. 2:20-cv-00456-RPK-LB (E.D.N.Y.). The lawsuit claims that Chase did not pay interest on certain mortgage escrow balances in accordance with the laws of Connecticut, Maryland, Minnesota, New York, Rhode Island, and Wisconsin. Chase denies that it did anything wrong.
The parties in this lawsuit have agreed to a settlement to resolve this lawsuit on a class action basis. If the settlement is approved by the Court, Chase will pay $11.5 million, and will pay interest on escrow accounts of Settlement Class Members under the law of the state in which the property was located going forward for three years unless there is a controlling legal determination it does not have to do so. If the settlement is approved and becomes final, you will be issued a payment and your rights will be affected if you are a member of the Settlement Class as set forth below and you do not exclude yourself from the Settlement Class.
Read below or call 1-855-786-1046 for more information.

Your Legal Rights and Options in this Lawsuit
Option 1: Do nothing, receive payment, give up right to sue	If you do nothing and the settlement becomes final, you will be issued a settlement payment and receive the other settlement benefits if you are a Settlement Class Member, and you will give up your right to bring your own lawsuit about the issues in this lawsuit. See Questions 6-8, 11 on the Frequently Asked Questions page for details.
Option 2: Opt out, receive no payment, retain right to sue	If you exclude yourself from the Settlement Class (also called “opting out”), you will give up your right to receive a settlement payment and other settlement benefits, but will not release any claims and will retain any rights you may have to bring your own lawsuit about the issues in this lawsuit. See Question 12 on the Frequently Asked Questions page for more information. The deadline to exclude yourself is February 21, 2022.
Option 3: Object or Comment	If you do not exclude yourself from the Settlement Class, you may object to, or comment on, the settlement and/or Settlement Class Counsel’s request for attorneys’ fees, expenses, and service awards to the Plaintiffs who brought this lawsuit on behalf of the Settlement Class. See Question 13 on the Frequently Asked Questions page for more information. The deadline for submitting objections or comments is February 21, 2022.

Important Dates
Exclusion Deadline	February 21, 2022
Objection Deadline	February 21, 2022
Final Approval Hearing	March 17, 2022 (By telephone; see FAQ Question 18 for details)