Washington Mutual Settles Shareholder Investor Class Action Lawsuit For $208.5 Million.
A $208.5 million class action settlement has reportedly been reached in a class action lawsuit against Washington Mutual Inc. (“Washington Mutual” or “WaMu” or “Defendant”) in Seattle federal district court, alleging, among other things, that Washington Mutual made false and misleading statements about its financial condition which allegedly rendered WaMu stock an unduly risky and inappropriate investment option for participants’ retirement savings, according to Washington Mutual shareholder class action settlement news report.
If You Have Thoughts On The Washington Mutual Shareholder Investor Class Action Lawsuit Settlement, Share Your Class Action Settlement Comments Below.
Share This Class Action Post!
Tagged as:
attorney,
claim,
claims,
class action,
Class Action Lawsuits,
Class Action Settlements,
class actions,
classaction,
complaint,
complaints,
false,
investment,
investment option,
investment options,
investments,
investor,
lawsuit,
lawsuite,
lawsuits,
lawyer,
lawyers,
litigation,
misleading,
retirement,
retirement saving,
retirement savings,
securities,
securities class action,
securities fraud,
securities fraud class action,
securities laws,
settled,
settlement,
settlements,
settles,
settling,
share,
Shareholder,
shareholder class action,
shareholder class action lawsuit,
shareholders,
shares,
stocks,
sue,
sued,
suit,
WaMu,
WaMu class action,
WaMu lawsuit,
WaMu settlement,
Washington Mutual,
Washington Mutual class action,
Washington Mutual class actions,
Washington Mutual Inc.,
Washington Mutual lawsuit,
Washington Mutual lawsuits,
Washington Mutual settlement,
Washington Mutual settlements
{ 42 comments… read them below or add one }
Please advise, I had a mortgage/2nd with Washington Mutual/WAMU
from 2004 or 2006 to April 2009 when Chase took over their organiation. Please advise by email the website address to submit
a applicartion for class action settlement pertaining to Washington Mutul.
Respectfully,
Bennee’ D. Chestnut
My husband and I were mailed paperwork about two weeks ago.As soon as I get home I will find the paper work and post the web address here if you would like.
Good luck and have a great evening.
Does anyone know if it is too late to get on board the class action? I had a WAMU loan in the time frame of the law suit. Don’t recall getting any paper work to join the suit! Now it is allegedly settling?
Did you find the address? We have misplaced our paperwork and am hoping it is not too late when/if we find it. Thanks so much. Along with the contact info, do you have the deadline date to file?
Could you please help me with the form for WaMu. I had a form and I missplaced it. I think they have to be in by the end of Aug. right?
Thank You Very Much.
I’d like the information too, Sherree, so please post it or send it.
Thanks you
I also need the information for the WAMU class action. Please send me the information.
This has nothing to do with a bank’s mortgage or loan customers… the class action involves funds placed in RETIREMENT ACCOUNTS.
We received the paperwork regarding the classaction lawsuit and ours WAS regarding the mortgage/loan services. We have/had NO retirement accounts. I misplaced the paperwork and would like to figure out how to pursue this issue further or how to get the info I lost on the paperwork.
We also were mailed the paperwork but I have misplaced it—am still searching for it. Ours is for mortgage/loan services so it must be for such. We have NEVER had any retirement accounts so believe the comments from Ikan Reed are incorrect.
Did anyone find contact info? I just moved and lost my forms I was sent. Thanks.
I am looking for a form i had received in the mail for a class action suit for WaMu something about the payoff. I know it has to be filed by the end of Aug. Could someone please help out?
Thnaks. lindaloo2g@yahoo.com
Not sure which settlement this article and you folks are referring to. I was a WAMU bond holder who lost big and that class action lawsuit is or was being handled by BLG law (212) 122-9666
What I received in the mail yesterday 8-20-11 was class action for WAMU regular stock, preferred stock CUSIP939322848,floating notes due 8-24-2009, 7.25% sub notes due 11-1-2017, and 7.75% series R convertible stock CUSIP 939322814 .
The paperwork, due Dec 8,2011 is for folks that are related to Garden city group (1-888-588-3788) who I think is driven by http://www.blbglaw.com
I received the paperwork regarding the class action lawsuit AS WELL and mine WAS ALSO regarding the mortgage/loan services. I NEVER had ANY retirement accounts. I filled out the paperwork and mailed it in ASAP. I do remember it saying that it was DUE SOMETIME NEAR THE END OF AUGUST.
You are correct, we also received the form regarding the class action suit for a mortgage/loan with WAMU. The deadline for submitting the form is today 8/31. The hearing is scheduled during the 2nd week of September per the paperwork we received. If a decision favorable to the plaintiff’s is found and after the lawyers get paid, the reimbursement for plaintiff’s in the suit, is 75-100% of the settlement fees you were charged that are in question.
I completed the paperwork for the WAMU mortgage class action lawsuit by the due date 8/31/11. I have yet to receive any additional information. Has anyone heard anything about if and when plantiffs will start to receive a payout?
how can I be part of the lawsuit settlement against Washington Mutual. I previously had a mortgage with them.
washingtonmutualsecuritieslitigationsettlement.com
all paper work online @ above
Could someone give me some info on this lawsuit, I was with Wathington Mutual about 5 years ago when I had to forclose on my home, I got a paper but my significant other threw it out , is it too late to do anything??
How do I join the washington mutual law suit??
Hello, does anyone know if they started issuing out checks yet?
I have been watching my mailbox. Do you know that it did settle and how much we were awarded? Or does it goes case by case?
Any info appreciated, I will also post any updates I can find.
Thank you,
Patty
Does anyone have a contact number? I also received and applied online to be apart of this settlement. Unfortunately, I have misplaced my paperwork too. any info will be greatly appricated. I am also watching my mailbox.
Thank you.
Activist lawyers and class action activity lawyers are the scum
on fecal eating bacteria.
I send my claim in 60 days and have no heard any thing, how long do I need to wait or hire another Attorney. My address is 104- Waterway Crossing Little River, S>C. Thank You
Nelson, I haven’t heard anything either. I also submitted my paperwork before the 8/31/2011 deadline. If anyone could give us an idea how long it should take for us to receive some additional information that would be helpful! Thanks.
I bought Stocks of MAMU for $150000.00
So, Can i get contact details / Claim forms of MAMU Investor class action suite details.
Thanks
Gopalaraju
I have a feeling that these checks will begin to come when we least expect it…
Say your prayers and expect some kind of check exactly when we least expect it…but I think it is coming when we really get our minds and hearts off the matter. Don’t forget to pray first and then leave it to THE HIGHER POWER.
I agree with MS.M….I also submitted the paper work in the appropriate time. Had not received any additional information. This is in GOD’S HANDS. I believe the check will be mailed out when you least expect it.
Where the hell is my money, I filed my paper work. The government gets paid and my identity is sold by an employee. After stealing thousands in unemployment and charging me $4,000 in over draft fee’s. Not to talk about my home loans which the company and employee ripped me off. Do any of you really think the government will allow any of us to get our money back or just keep it, just like the first letter from the government. Your identity was stolen, but if you can not prove how, we will be keeping the money.
Also, check Certegy check cashing and identity theft class action suit is related to Washington Mutual and it’s employee fraud. I received info from government, this is the link (www.girardgibbs.com).
I also missplaced latest paperwork regarding whether or not to sign off on the present settlement. Need telephone number which to call to get new legal forms to sign. If not how do I get replacement paperwork?Thanks.
does anyone have a phone number to call for details on when checks might be issued?
please let me know if I filed on time or at all.
I own 5,537.2502 shares
I got the paper work and sent it in on time. When are they sending out the checks does anyone know.
I completed my paperwork on time and mailed it back. Since the Class Action Suit has been approved, when will they mail out the checks? Will we receive a letter in the mail with the check or status? Please reply.
I received paperwork for (2) homes I owned with Washington Mutual as my lender. That was last year I signed & sent them back to the attorneys & I still haven’t received payment. It’s now 4/12, does anyone know what is going on or has anyone else received their money?? Is there anyone or an attorney I can contact about it? Thanks
I had a 2nd mortgage with Washington Mutual and now is in collection..I do not know what to do now..should I file chapter 13 or is there another alternative? Please advise.
Sorry not familiar.
When will we receive our checks???????
Please advise. I had several mortgage (4) loans within a two-yr period with Wamu (on the same property). The mortgage loan is now being serviced by Chase Bank. After going through the mortgage remodification process, and meeting all of the qualifications, once paperwork was placed with the underwriter I was informed that the
Remodification was being denied and that I would receive a written explanation within a few days. That was four months ago. I have yet to receive anything. At this time I am not even certain as to what company own my mortgage. According to my equifax credit report the loan account numbers do not match any of the loan numbers.
Truly Stressed!