T
TD Ameritrade
TD Ameritrade agreed to pay over $2.3 million to settle claims about substitute payments instead of dividends without proper tax compensation.
ClosedUnited States-wideClaim status: Claim window closedPayout: VariesNo longer claimable
About this settlement
Compensation for Scottrade brokerage account holders who received substitute payments in place of dividends without proper tax treatment.
This settlement resolves a nationwide class action alleging Scottrade, now part of TD Ameritrade, breached its contract by providing substitute payments instead of dividends without compensating for tax differences. Eligible Scottrade account holders may receive compensation.
Who qualifies
- Scottrade brokerage account holders.
- Received substitute payments instead of dividends.
- Payments received between January 23, 2010 and February 26, 2018.
Varies
Claim status: Claim window closed