Who qualifies for the Oppenheimer & Co. settlement?

You may qualify when: You were an Oppenheimer or Oppenheimer Asset Management customer. You participated in the program for at least one day.

How much will I get from the Oppenheimer & Co. settlement?

Eligible claimants can receive Varies from the Oppenheimer & Co. settlement. The final amount depends on how many valid claims are filed and the total funds available in the settlement.

When is the Oppenheimer & Co. settlement deadline?

The deadline to file a claim for the Oppenheimer & Co. settlement is September 17, 2026. You must submit your claim on or before this date to be eligible for a payout.

When will payments be sent?

Payments are typically sent 6-18 months after the claim deadline, once the settlement receives final court approval. The exact timing can shift if there are appeals or delays in processing claims.

Is the Oppenheimer & Co. settlement legitimate?

Yes. The Oppenheimer & Co. settlement is a court-approved class action settlement. Always file your claim through the official settlement process, and be aware that legitimate settlement administrators never charge a fee to submit a claim.

Oppenheimer & Co. $70M Bank Deposit Program Settlement: Eligibility, Payout & Deadline

About this settlement

Oppenheimer & Co. agreed to pay $70 million to resolve allegations that customers participating in its Advantage Bank Deposit Program did not receive appropriate interest rates.

Oppenheimer denies wrongdoing.

To qualify

Did you participate in Oppenheimer's Advantage Bank Deposit Program?

Eligibility requirements

You may qualify when:

1You were an Oppenheimer or Oppenheimer Asset Management customer.
2You participated in the program for at least one day.
3Your participation occurred between March 17, 2022, and May 22, 2026.

You must provide account statements or other records showing deposit balances and participation dates. Online claims also require the claim ID and PIN from the settlement notice.

Payment details

Your payment depends on deposit balances, the applicable deposit tier, length of participation, interest received, the calculated market-based rate and total approved claims.

Legal Notice

ClaimedMoney is not a law firm or financial adviser and is not affiliated with Oppenheimer, the settlement administrator, any law firm or the court.

Frequently asked questions

Who qualifies for the Oppenheimer & Co. settlement?: You may qualify when: You were an Oppenheimer or Oppenheimer Asset Management customer. You participated in the program for at least one day.
How much will I get from the Oppenheimer & Co. settlement?: Eligible claimants can receive Varies from the Oppenheimer & Co. settlement. The final amount depends on how many valid claims are filed and the total funds available in the settlement.
Do I need proof of purchase?: Yes, documentation is required to receive the full payout for this settlement. You must provide account statements or other records showing deposit balances and participation dates. Online claims also require the claim ID and PIN from the settlement notice.
When is the Oppenheimer & Co. settlement deadline?: The deadline to file a claim for the Oppenheimer & Co. settlement is September 17, 2026. You must submit your claim on or before this date to be eligible for a payout.
When will payments be sent?: Payments are typically sent 6-18 months after the claim deadline, once the settlement receives final court approval. The exact timing can shift if there are appeals or delays in processing claims.
Is the Oppenheimer & Co. settlement legitimate?: Yes. The Oppenheimer & Co. settlement is a court-approved class action settlement. Always file your claim through the official settlement process, and be aware that legitimate settlement administrators never charge a fee to submit a claim.

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