Are your funds leaving money on the table? Are you neglecting your fiduciary duty to your investors? You could be if you are not consistently filing claims in securities class action settlements.
Every year settlements worth billions of dollars are reached in securities class action lawsuits. More than $13 billion has been paid to investors from these settlements in the past five years and it is expected that settlements totaling several billion dollars more will be reached in the next few years.
However, institutional investors are not claiming their share of these assets. According to the Wall Street Journal, "[p]ublic and private pension plans are losing out on hundreds of millions of dollars in class-action settlements for which they are eligible simply by neglecting to file claims." Moreover, a recent survey reveals that less than 30 percent of institutional investors regularly file claim forms to participate in these settlements. For a large institutional investor, this could mean millions of dollars per year in unrecovered assets.
GCFspecializes in securities class action research and claims filing services for institutional investors. Our firm is dedicated to recovering the maximum amount of money to which our clients are entitled from securities class action settlements.
Are your funds receiving their share of these settlements? If not, stop leaving money on the table. Our team of securities class action professionals can maximize the recovery of these assets for your funds.
GCF is dedicated to maximizing the recovery from securities class action settlements for the following types of investors:
To contact us or for more information on the services we provide, click here.