Welcome to the Official Website for the Henderson, et al. v. BNY Mellon, N.A. Lawsuit
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MASSACHUSETTS
If you are or were the beneficiary, grantor, or settlor of a personal trust administered by BNY Mellon that was charged a line item “tax preparation fee,” you could get a payment from a class action settlement.
A Federal Court Ordered This Notice – This is Not A Solicitation From A Lawyer.
• Plaintiffs and trust beneficiaries, Ashby Henderson and Thomas Hershenson (the “Plaintiffs”), have sued BNY Mellon, N.A. (“BNY Mellon”), alleging that it overcharged their trusts for tax return preparation.
• BNY Mellon’s records identify you as a class member in this class action lawsuit.
• If your trust is open, the proposed Settlement provides for an automatic payment into your trust.
• If your trust is closed, the proposed Settlement provides for payments to beneficiaries, grantors or settlors, who timely submit a valid Verification Form. For more details about the payments and whether your trust is open or closed see below.
On August 22, 2019, it was discovered that certain Settlement Class Members who have both an open and a closed Class Trust, did not receive a Verification Form with their original Notice. You must submit a Verification Form to receive a settlement payment on account of your closed trust. You can also submit a Verification Form by clicking the "file a claim" tab. You have until September 25, 2019 to submit your Form. If you have questions, call 1-888-279-2322. Note that the deadline for filing an objection has passed.
UPDATE: Settlement payments will be mailed by December 13, 2019
| DO NOTHING | If your trust is open and you do nothing you will remain eligible to participate in the Settlement, and obtain benefits. You will be bound by the Court’s final judgment and the release of claims explained in the Settlement Agreement. | |
| SUBMIT A VERIFICATION FORM | If your trust is closed and you timely submit a valid Verification Form confirming that you were a beneficiary, grantor, or settlor, you will be eligible to participate in the Settlement, and obtain benefits. You will be bound by the Court’s final judgment and the release of claims explained in the Settlement Agreement. If your trust is closed, a Verification Form is included with this Notice. |
Deadline: September 25, 2019 |
| EXCLUDE YOURSELF |
If your trust is closed and you exclude yourself from the Settlement, you will not receive any benefits from the Settlement. |
Deadline: July 27, 2019 |
| OBJECT | You may write to the Court about why you object to the Settlement and think it shouldn’t be approved. Filing an objection does not exclude you from the Settlement. |
Deadline: July 27, 2019 |