ATTENTION: Important information for checks issued with a date of 9/21/18 or after.
Please be advised that pursuant to the Plan of Distribution, the check reissuance and check cashing period is soon coming to a close. Please note the following cut-off dates.
- 1/21/19 – Last date to request a check reissuance. Please submit all necessary documentation in good order by 1/21/19.
- 3/15/19 – Last date a check will be honored by the Fair Fund disbursement bank for cashing. You should present your check immediately to make sure you do not forfeit your payment.
Warning: The Fair Fund bank account will be closed after 3/15/19 and checks will be bounced if not presented timely. Your bank will likely charge your account a bounce fee for presenting a check after the stale date. You will be solely responsible for any fees your bank charges you for presenting a stale dated check(s).
NOTE: There are no exceptions to the above procedural dates. If you have a check and need to have it replaced or reissued please contact us immediately. If you do not need assistance please cash or otherwise negotiate your payment immediately.
Links/Documents
SEC Administrative Proceeding – BNY Mellon Securities LLC
http://www.sec.gov/litigation/admin/2011/34-63724.pdf
SEC Administrative Proceeding – Mark Shaw
http://www.sec.gov/litigation/admin/2011/33-9174.pdf
SEC Notice of Proposed Plan OF Distribution and Opportunity for Comment
http://www.sec.gov/litigation/admin/2013/34-68796.pdf
BNY Mellon Securities and Mark Shaw Modified Plan of Distribution
http://www.sec.gov/litigation/admin/2014/34-71638-mdp.pdf
Statement to Eligible Investors
Mellon Securities Fair Fund Statement To Eligible Investors