Yes, it's 100% done. And we lost...
I ended up losing a significant amount of money on the LTW's. I reluctantly accepted the .06 settlement. So I personally stood near 0% of getting any type of clawback because I took the settlement. But I figured the chances of undoing a large corp bankruptcy ruling were near zero, even if an error was made with the LTW determination. And I believe an error was made.
But I always kind of hoped the rest of you all saw a payout in the end, even a partial JPM settlement to make you all go away. I mean, they got about $350M in cash they weren't entitled to. And they knew it. They seriously couldn't throw you guys $10M-$15M to make you go away? You would have all been made 100%-500% whole (depending on your average). JPM probably spent $10M in legal fees fighting with you guys all of these years. Selfish pr_cks.
Anyway, that's why I kept checking in about every 6 months for the last 6 years. To see how it went for you all. I'm sorry it didn't end up working out - for any of us really.
I hope the JPM executives and their lawyers working on this bankruptcy enjoyed their 6 and 7 figure bonuses that year. Those yachts and vacation condos in Aspen were paid for with "blood money" from middle class investors and retirees. Hope you JPM guys enjoy the money! Remember, it's your karma.
Anyway, there ends a rather unpleasant 6 yr saga in out lives. GLTA.
Remmy
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