Every year, millions of dollars in settlement funds are awarded to eligible shareholders as a result of class action lawsuits. Once a case is settled, investors must file a claim to receive their share of the settlement funds. Securities class action claims filing is complex, resource-intensive and time-consuming. As a result, many investors fail to file or improperly file their claims, resulting in missed opportunities.
There are five primary stages of the class action claims process: identification, analysis & matching, filing, allocation and reporting. This primer will review each step, highlighting common pitfalls to avoid and best practices to maximize recoveries.
