In the mid-1990s, when a successful San Francisco options trading firm began receiving numerous notices for settlement claims, the task of maximizing the return from the settlement assets was assigned to its team of leading trading technologists. At that time, the team was improving the processes of automating daily trade sheets and customizing position reports. They applied the same principles to automating award recoveries. The first large settlement award was from the 3Com settlement and from that moment, Battea as a performance based award recovery company was born.

Battea principals subsequently designed the industry’s only end-to-end processing system that contains the specific rules of recovery for over seven hundred settlement cases and enables Battea to deliver the highest net returns in the business for its clients.

Today, Battea has offices in San Francisco, Stamford, London, Madrid, and Copenhagen to service domestic and international clients. Battea’s sole focus is to provide asset management companies, hedge funds and proprietary trade firms the highest net return on their settlement assets.