Amend A Claim

UPDATE: Epiq (“Settlement Administrator”) is not accepting new data requests submitted after the October 10, 2024 deadline. You may still supplement your claim with data that is available to you.

A new alternative low-data option for amending claim forms is now available if you are unable to obtain daily transactional data for your claim. Details are provided below.

You may submit the amended version of your previously filed partial Claim Form by emailing it to info@StockLoanSettlements.com.

Alternative Data Option:

Claimants who cannot obtain daily transactional data may submit an amended claim form using monthly or quarterly statements from your Prime Broker or Agent Lender. Below are instructions as to how to fill out the claim form using this option. If you have additional questions on how to fill out an amended claim form with less-than-all data, please contact the Settlement Administrator.

  1. Borrowers of Stock
    1. For each account for which you are filing a claim, enter each calendar day of each statement period on a separate row in the “Date” column of the Electronic Claim Form, available here. Put the account number in the “Account” column.
    2. Enter a “B” in the “(B)orrower or (L)ender field” for each row of each account in the statement period.
    3. For each row of each account in the statement period, enter the abbreviation of the Prime Broker Defendant who served as your Prime Broker for the account. (BAML, CS, GS, JPM, MS, or UBS).
    4. For each row of each account in the statement period, in the “CUSIP/CINS” field, enter “#ALT”.
    5. For each row of each account in the statement period, in the “Value of Collateral” field, enter the value of daily average collateral posted for borrowed U.S. equities for that account from your statement. If your statement does not list the value of daily average collateral posted for borrowed U.S. equities, you may use the daily average market value in U.S. Dollars of borrowed U.S. equities instead. If your statement does not list the daily average market value of borrowed U.S. equities, you may enter the sum of the market values of borrowed U.S. equities as of the statement date (i.e., the positional market value of borrowed U.S. equities, whether drawn from a summary line on your statement or calculated using the positional market value of each position on the statement date).
    6. In the “Quantity,” “(R)ebate or (F)ee,” and “Rebate or Fee Term (bps)” fields, enter “N/A” for each row.
    7. If the claim is otherwise accepted, borrowing transactions reported using this Alternative Data Option will be treated as General Collateral under the Plans of Allocation.
  2. Lenders of Stock
    1. For each account for which you are filing a claim, enter each calendar day of each statement period on a separate row in the “Date” column of the Electronic Claim Form, available here. Put the account number in the “Account” column.
    2. Enter an “L” in the “(B)orrower or (L)ender field” for each row of each account in the statement period.
    3. For each row of each account in the statement period, in the “CUSIP/CINS” field, enter “#ALT”.
    4. For each row of each account in the statement period, in the “Value of Collateral” field, enter the value of daily average collateral posted for U.S. equities on loan for that account from your statement. If your statement does not list the value of daily average collateral posted for loans of U.S. equities, you may use the daily average market value in U.S. Dollars of U.S. equities on loan instead. If your statement does not list the daily average market value of U.S. equities on loan, you may enter the sum of the market values of U.S. equities on loan as of the statement date (i.e., the positional market value of U.S. equities on loan, whether drawn from a summary line on your statement or calculated using the positional market value of each position on the statement date).
    5. In the “Quantity,” “(R)ebate or (F)ee,” and “Rebate or Fee Term (bps)” fields, enter “N/A” for each row.
    6. Fill out the “Prime Broker Counterparty” if possible. If not, put “N/A” for each row. If you can also identify the counterparty and the claim is otherwise accepted, lending transactions reported using this Alternative Data Option will be treated as General Collateral under the Plans of Allocation. If you cannot and the claim is otherwise accepted, the claims will be valued at 65% of General Collateral.

Please note: Claimants who have more than 20 transactions must submit information regarding their transactions via the electronic version of the Claim Form (the “E-claim template”). To ensure the Settlement Administrator can timely process claims, electronic files must follow filing requirements and file layout formats. You may obtain the mandatory electronic filing requirements and file layout here. Please note that if you do submit your transactions via the E-claim template, you will still need to complete the Claimant Identification section on page 4 of the Claim Form and sign the Claim Form on page 7 and submit along with your E-claim template listing your Stock Loan transactions.