Every year class action settlements worth billions of dollars are reached in securities & antitrust class action lawsuits. It is estimated that less than 30% of institutional investors regularly file settlement claim forms to participate in these settlements. Not only could that mean millions of dollars per year in unrecovered assets, there is the potential for huge compliance exposure to funds for not meeting their fiduciary responsibilities to claim such monies legally owed to their funds.
In addition to its Securities Class Action Lawsuits Data, DIH also offers a Claims Management Service to help fund managers to recover their share of class action settlements, and comply with their fiduciary responsibilities.
Coverage: Our securities class action lawsuits service covers lawsuits and settlements from Australia, Europe, South America, North America and Asia.
History: Depends on the country, but as far back as 2003.
Updates: Data is updated daily.
Delivery: Files are delivered as delimited text files via download or API.