JP Morgan Acceptance Corporation Mortgage Pass-Through Certificates and Asset-Backed Pass-Through Certificates Class Action Lawsuit 03/26/2008

If you are an investor in Mortgage Pass-Through Certificates and Asset-Backed Pass-Through Certificates of J.P. Morgan Acceptance Corporation, you might have certain options and should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this case, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
J.P. Morgan Acceptance Corporation
Case Name: 
J.P. Morgan Acceptance Corporation Shareholder Class Action Lawsuit 03/26/2008
Case Status: 
Lawsuit Filed
Case Status: 
Settlement Approved
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
03/26/2008
Court of Filing: 
U.S. District Court for the Eastern District of New York
Date Settled: 
07/24/2014
Settlement Amount: 
$280,000,000
Deadline to Participate in Settlement: 
09/06/2014
Summary: 

Please be advised that your rights may be affected by this class action lawsuit if you purchased or otherwise acquired certificates pursuant or traceable to certain offerings and were damaged thereby. Offerings referenced in the settlement notice are the following:

J.P. Morgan Alternative Loan Trust 2006-A1
J.P. Morgan Alternative Loan Trust 2006-A2
J.P. Morgan Alternative Loan Trust 2006-A3
J.P. Morgan Alternative Loan Trust 2006-A4
J.P. Morgan Alternative Loan Trust 2006-A5
J.P. Morgan Alternative Loan Trust 2006-A6
J.P. Morgan Alternative Loan Trust 2006-A7
J.P. Morgan Alternative Loan Trust 2006-S1
J.P. Morgan Alternative Loan Trust 2006-S3
J.P. Morgan Alternative Loan Trust 2006-S4
J.P. Morgan Mortgage Acquisition Trust 2006-CH2
J.P. Morgan Mortgage Acquisition Trust 2006-HE3
J.P. Morgan Mortgage Acquisition Trust 2006-RM1
J.P. Morgan Mortgage Acquisition Trust 2006-WF1
J.P. Morgan Mortgage Acquisition Trust 2007-CH1
J.P. Morgan Mortgage Acquisition Trust 2007-CH2
J.P. Morgan Mortgage Trust 2006-A1
J.P. Morgan Mortgage Trust 2006-A3
J.P. Morgan Mortgage Trust 2006-A4
J.P. Morgan Mortgage Trust 2006-A5
J.P. Morgan Mortgage Trust 2006-A6
J.P. Morgan Mortgage Trust 2006-A7
J.P. Morgan Mortgage Trust 2006-S2
J.P. Morgan Mortgage Trust 2007-A1
J.P. Morgan Mortgage Trust 2007-A2
J.P. Morgan Mortgage Trust 2007-S1

July 24, 2014 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.

May 2, 2014 - The court preliminarily approved the settlement.

March 10, 2014 - Parties filed a stipulation of settlement.

December 13, 2011 - The court granted in part and denied in part the defendants motions to dismiss.

May 7, 2010 - The defendants filed motions to dismiss.

March 8, 2010 - The lead plaintiff filed an amended complaint.

November 24, 2009 - The lead plaintiff and lead counsel were appointed.

November 17, 2009 - All cases were consolidated.

March 23, 2009 - Lead plaintiff motions were filed.

April 25, 2008 - The court removed this action from the Supreme Court of the State of New York, County of Nassau, to the U.S.District Court for the Eastern District of New York.

March 26, 2008 - An investor in Mortgage Pass-Through Certificates and Asset-Backed Pass-Through Certificates of J.P. Morgan Acceptance Corporation in connection with certain allegedly false and misleading statements made between between January 2006 and March 2007 by J.P. Morgan Acceptance Corporation.