Class Action Litigation: Opt-Out Markets

For Opt-Out class action litigation – predominately U.S./Canadian securities litigation, Battea’s Portfolio Monitoring matches our extensive database of newly filed class action litigation against client’s portfolio holdings. This enables clients to stay abreast of pending litigation as it relates to their holdings and where applicable, to determine if clients are suitable and/or interested in pursuing a more active role in the litigation by serving as lead plaintiff. Real-time analysis of client trade data also arms clients with the information needed to determine whether or not they should opt-out of a specific case.   At a minimum, clients are kept abreast of developments in these litigations as they move through the litigation lifecycle. Of course once a case has settled, clients can track the progress of the class action settlement, filing deadlines and status of distributions through the client portal.