Clients Injured By Antitrust Violations
Manufacturers, Wholesalers, Distributors, Retailers and Industrial Purchasers
Claims Monitoring & Recovery provides manufacturers, wholesalers, distributors, retailers, and other entities that directly purchased price-fixed products a means to maximize their recovery of settlement funds in antitrust class actions filed both nationally and internationally.
Most of these antitrust class actions involve allegations of a conspiracy to fix the prices of certain products. Every year, thousands of businesses fail to recover settlement funds that represent the overcharges they paid as a result of such price-fixing. Often, businesses neglect to file class action claims and thus fail to receive their share of massive class action lawsuit settlements.
In many cases, these businesses are too busy with their primary functions to file the complex forms and supporting documentation necessary to receive their class action settlement. Other times, businesses do not even know they are eligible to recover damages; the notices and claim forms in any given case often do not reach a decision maker. Moreover, antitrust class actions often proceed and settle against multiple defendants. As a result, there are frequently multiple settlements in a single case, which are often distributed in parts and over time, and consequently are easy to miss by companies who should be recovering from them. Claims Monitoring & Recovery assists businesses that are victimized by price-fixing by providing our expertise in identifying, tracking, and maximizing the recovery of funds in antitrust class action settlements.
Clients Injured by Securities Fraud
Hedge Funds and Securities Trading Firms
Claims Monitoring & Recovery recovers money owed to hedge funds, which are often among the largest victims of securities fraud. Our services provide an easy, outsourced solution that improves the efficiency of securities class action claims
monitoring, claims filing, and monetary recovery for firms with large trading operations. Claims Monitoring & Recovery also helps hedge funds meet their obligations with respect to compliance and fulfill their duties as fiduciaries to claim securities class action settlement monies due to their investors.
Hedge funds and other trading firms can have significant trade volume, making the already complex claims filing process in securities class actions even more difficult. Class action claims filing is often overseen by in-house counsel on a case-by-case basis. At some hedge funds, the chief operating officer or chief compliance officer oversees this function. In either case, individuals, due to the complexity and time constraints of their primary duties, do not have the resources or expertise to track the hundreds of potential securities class action settlements that could have an impact on their companies’ bottom line. Claims Monitoring & Recovery helps our clients capture otherwise unrecognized revenue streams for themselves and their clients.
Pension Funds
Claims Monitoring & Recovery provides pension and endowment funds with a complete solution for their securities class action settlement claims filing and recovery needs. Both pension and endowment funds can have large holdings in publicly traded securities.
The volume of trading activity and assets of pension and endowment funds can translate into large recoveries from securities class action settlements. Despite the significant infrastructure and oversight at many public and private funds, they are understandably not staffed to accurately track the status of hundreds of pending securities class actions and to ensure maximum recovery from all settlements.
