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Full Answer
Did Ally Financial settle a class action lawsuit?
A class action lawsuit had alleged the notices Ally Financial sent to borrowers before and after their property was repossessed did not comply with each state’s form and content requirements under the Uniform Commercial Code. Ally denies any liability concerning the issues in the class action lawsuit, but has agreed to the settlement.
How do I receive my part of the settlement?
In most cases, you will need to submit a claim, either online or through the mail, to receive your portion of the settlement or judgment. Information on how to do so will be found in the class notice that you will receive in the mail.
How much does Ally Invest charge to trade foreign stocks?
Ally Invest is charged a local settlement fee of about $50 when trading an over-the-counter foreign stock. Ally Invest passes this fee, in addition to the regular trading commission, to its clients with no mark-up.
How do I join a class action lawsuit?
In general, you don't need to do anything to "join" a class action. If your legal rights are affected by a class action, you usually will only need to get involved once the case settles. In most cases, you will need to submit a claim, either online or through the mail, to receive your portion of the settlement or judgment.
What do you need to give a settler?
If you give a settler or a companion a weapon, you will also need to provide ammunition for the weapon for them to be able to use it. If you give a settler or a companion a weapon, you will also need to provide ammunition for the weapon for them to be able to use it.
Do you need to provide ammunition for a weapon to a settler?
If you give a settler or a companion a weapon, you will also need to provide ammunition for the weapon for them to be able to use it .
What does it mean to be an ally?
An ally recognizes that though they are not a member of a marginalized group (s) they support, they make a concerted effort to better understand the struggle of another’s circumstances. Sometimes an ally may have more privilege and recognize that privilege in society.
What is the email address to submit a story to the NIH?
Do you have a story idea for us? Do you want to submit a guest blog? If it's about equity, diversity, or inclusion, please submit to [email protected].
Can marginalized people be allies?
It doesn’t take a special skill or talent to be an ally for marginalized groups. Anyone can do it. In fact, people of marginalized groups can and should be allies for each other as well. What is an ally? An ally recognizes that though they are not a member of a marginalized group (s) they support, they make a concerted effort to better understand the struggle of another’s circumstances.
How long is the hold on Ally funds?
If you transferred from another Ally account, you can use the funds to trade immediately. If you transferred from another institution, there’s a 3-business-day hold on initial transfers.
How long does it take to settle a stock trade?
If you sell a position purchased with unsettled funds before those funds have settled, you may be in violation of Reg T and subject to a freeride restriction. Stock trades take 2 business days to settle (Trade Date + 2 business days), options trades take 1 business day to settle (Trade Date + 1 business day). If needed, you can still sell a position purchased with unsettled funds prior to settlement and accept the freeride restriction. Alternately, you can deposit additional funds to fully pay for the new position in order to sell it before settlement and avoid the freeride.
How to change your trading level on a live account?
From the Live Dashboard, select the settings icon, choose All Settings, then Account Settings, and then Option Trading Level.
What to do when the cost of the trade exceeds your available buying power?
Since this error message appears when the cost of the trade exceeds your available buying power, the simplest solution is to make a deposit. You may also want to reduce your share quantity or limit price.
Can you trade on Ally Invest?
Yes . Extended hours trading is available at Ally Invest. You may enter pre-market orders between 8:00 am – 9:30 am ET or post-market orders (also called after-hours orders) between 4:00 pm – 5:00 pm ET. On days when the market closes early, the extended hours trading session runs from 1:00 pm – 2:00 pm ET. You may enter limit orders only. An order placed during an extended hours trading session is only good for that session. If your order is not executed during a specific extended hours session, the order expires at the end of the session and does not roll into the next traditional or extended hours session. You may cancel an order that has not been executed before the close of an extended hours session. For settlement and clearing purposes, orders executed during an extended hours session are considered to have been executed during the day's traditional session. Please refer to the additional disclaimer for extended hours trading.
Can you use proceeds from a day trade to make another purchase?
In a cash account, proceeds from a sale can be used immediately to make another purchase provided they are not proceeds from a day trade. Proceeds from a day trade can’t be used to make another purchase until the following trading day. Anything purchased with unsettled funds can’t be sold until settlement of the trade that generated those funds.
Does Ally invest have a load?
Ally Invest offers many U.S. based mutual funds, load and no-load. Clients have access to thousands of funds through over 500 fund families.
How to get involved in a class action?
In most cases, you will need to submit a claim, either online or through the mail, to receive your portion of the settlement or judgment. Information on how to do so will be found in the class notice that you will receive in the mail.
When Would I Need to Take Action?
When the lawsuit settles, you may be required to submit a form either online or through the mail to receive compensation from the settlement. In most cases, you will receive notice of the settlement via e-mail or regular mail.
How Will I Know If I'm Covered by a Class Action?
If a class action has already been filed, you may receive a class action notice in the mail stating that your legal rights may be affected by a lawsuit. You should carefully read the class action notice. Some class actions only cover residents of certain states or individuals who suffered a particular type of physical or financial harm.
What is class action lawsuit?
Most class actions are opt-out lawsuits. This means that class members (those whose legal interests are represented by the suit) are automatically included in the lawsuit unless they choose to opt-out, or decline to participate, in the case.
What is an opt-in class action?
Opt-in class actions usually involve allegations of illegal employment practices, such as failure to pay required overtime or workplace discrimination. If the case is an opt-in lawsuit, the class action notice will provide information on how to "opt-in" and join the lawsuit.
Does it cost anything to be a class action lawyer?
It does not cost anything to be part of a class action. In most class actions, the lawyers handling the case only receive a fee if they obtain a favorable result. In general, any legal fees will be deducted from the settlements or court award.
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