Estée Lauder
No proof required
Up to $5,000
Claims opening soon
M
Merrill Lynch
Merrill Lynch has agreed to a $39 million class action settlement over allegations that it paid very low interest rates on clients' cash in retirement accounts.
Opening soonUnited States-wideClaim deadline: Pending court decisionEstimated payout: Compensation pendingClaims not open yet
About this settlement
Allegations that Merrill Lynch paid insufficient interest rates on clients' cash balances in retirement and advisory accounts.
Merrill Lynch has agreed to pay $39 million to settle a class action lawsuit alleging that it paid brokerage clients close-to-zero interest rates on cash in retirement accounts instead of market rates. This settlement is in addition to a $25 million penalty from the SEC in January 2025 for similar issues in advisory accounts. The preliminary settlement was filed in Manhattan federal court and requires court approval. The lawsuit covered holders of Merrill Edge online accounts between December 15, 2016, and March 15, 2020, who allegedly received interest rates of 0.05% to 0.14% while other brokerages paid around 2%. Merrill Lynch denies wrongdoing.
Who qualifies
- Holders of Merrill Edge online accounts between December 15, 2016, and March 15, 2020.
- Exact eligibility criteria will be confirmed once the claim process opens.
Compensation pending
Claim deadline: Pending court decision
Silk and Great Value
Proof required
Up to $300,000
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Audible
No proof required
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Government of Canada
Proof required
Up to $200,000
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Meta (Facebook)
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Up to $90
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Ticketmaster
No proof required
Compensation pending
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