Welcome to the website for the Merrill Lynch Certified Class in Iowa Public Employees’ Retirement System v. Bank of America Corp. Litigation.

If you, directly or through an agent, entered into at least 100 Stock Loan Transactions with Goldman Sachs, Morgan Stanley, JPMorgan, UBS, Credit Suisse, or Bank of America Merrill Lynch (collectively, “Prime Broker Defendants” or “Defendants”), direct or indirect parents, subsidiaries, or divisions of the Prime Broker Defendants in the United States from January 1, 2012 through November 17, 2017, inclusive, your rights and options may be affected by the pending class action lawsuit in the above-captioned case (the “Action”).

The purpose of the new Notice of Pendency of Class Action (“Notice”) is to inform potential Merrill Lynch-related class members (“Class”) that there is a court order for the Action to proceed against the non-settling Prime Broker Defendant in the stock lending antitrust litigation, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Merrill Lynch L.P. Holdings, Inc., and Merrill Lynch Professional Clearing Corp. (collectively, “Merrill Lynch”).

PLEASE READ THIS WEBSITE AND THE NOTICE CAREFULLY. This website and the Notice explain important rights you may have. If you are a member of the Class, your legal rights will be affected whether or not you act.

The Frequently Asked Questions page of this website has more information on your rights as a Class Member in this Action.

To see pages related to the Stock Loan Settlements, click here.


Your Legal Rights and Options in This Lawsuit
Do Nothing If you do nothing, and you qualify as a member of the Class, then you will remain a member of the Class and you will be bound by all past, present, and future orders and judgments in the Action. See FAQ8.
Exclude Yourself from the Action If you wish to exclude yourself from the Merrill Lynch-related Class, you must submit by U.S. first class mail or deliver a written request to the Notice Administrator so that it is received by July 11, 2025. If you exclude yourself from the Action, you will not be bound by , by any past, present, or future orders and judgments in this Action, nor will you be eligible to share in any recovery that might be obtained in this Action. See FAQs 9-12.
Appear through an Attorney You may enter an appearance through your own counsel at your own expense. See FAQ14.

Current Status

On April 10, 2025, the Court entered its Order approving Notice to the Merrill Lynch-related Class.

Status updates will be posted on the Class Website.


Important Dates
  • January 1, 2012 through November 17, 2017
    Class Period
  • July 11, 2025
    Deadline to Exclude Yourself from the Merrill Lynch-related Class