CDS Claims Recovery Agreement Submission

The Court decided that everyone who fits this description is a Settlement Class Member: All persons or entities (together, “Persons”) who, during the period of January 1, 2008 through September 25, 2015, purchased CDS from or sold CDS to the Dealer Defendants, their respective affiliates, or any purported co-conspirator, in any Covered Transaction.

The settlement agreements define a Covered Transaction as follows: “A purchase or sale of CDS shall be deemed to be a “Covered Transaction” in each of the following circumstances: (i) if the purchase or sale was by or on behalf of a Person either domiciled or located (e.g., had a principal place of business) in the United States or its territories at the time of such purchase or sale; (ii) if the Person was domiciled and located outside the United States and its territories at the time of any such purchase or sale, where such purchase or sale was in United States commerce; or (iii) where such purchase or sale otherwise falls within the scope of the U.S. antitrust laws.”

Examples of a “Covered Transaction” include: (i) you are domiciled or located in the United States or its territories and you made a CDS Transaction with a Dealer Defendant or one of its affiliates; (ii) you are domiciled and located outside the United States or its territories and you made a CDS Transaction with a Dealer Defendant or one of its affiliates located in the United States or its territories; or (iii) you are domiciled and located outside the United States or its territories and you made a CDS Transaction with a Dealer Defendant or one of its affiliates that was executed through a desk located in the United States or its territories. The above examples are not intended to be exclusive of what constitutes a “Covered Transaction.” To the extent you believe you made a CDS Transaction that is a “Covered Transaction,” you will be given the opportunity to identify that transaction and submit supporting evidence to the claims administrator.

You may use this secure page to submit your Claims Recovery Agreement to file for the Credit Default Swap Settlement.

How would you like to submit your agreement?

You will be required to supply your business name, address, contact information and TIN. Please have this information ready.