How Wealth and Retail Investment Firms Can Make Class Action Recovery A Competitive Advantage

 

 

Over the last several years there has been a massive rise in securities class action suits, with no signs of things slowing down. To date, broker-dealers and wealth management firms have generally kept their distance from the class action claims filing and recovery process.

In today’s environment, however, as wealth and retail investment firms come under heightened scrutiny to demonstrate their value and fiduciary stewardship, forward-thinking organizations are going beyond the bare minimum and turning this historical “nuisance” into a profitable business opportunity.