FRT Insights Report: Analyzing the Administration of Class Action Settlement Funds
Administering claims is an integral part of the securities litigation proceedings that gets little attention relative to the legal aspects of cases and settlement values. Claims administrators are the entities responsible for identifying and notifying shareholders, sending them proof of claims forms, processing the significant volume of claim data submitted, verifying eligibility, and determining the amount each claimant gets paid. Billions of dollars are processed by administrators and paid out to shareholders annually.
This report is focused on the crucial, lengthy, and complex process of claims administrations that follow a settlement. Using our own proprietary settlement database, this report exclusively focuses on US and Canadian settled securities class actions, including SEC Fair Fund and other settlement pools.
We hope you find this report informative and useful.