Securities Class Action Litigation (US/Canada)
Drawing upon a variety of databases, news feeds, and published court documents, we identify, track and monitor litigation as it advances through the various court systems.
Battea has maintained its leadership position in the fast-moving world of securities class action litigation by continually providing litigation research and case tracking for emerging and newly filed class action settlements. In the U.S. we review all press releases and publicly-available sources related to the Private Securities Litigation Reform Act of 1995 (“PSLRA”), which mandates prompt notifications of U.S. securities class actions. Similar litigation publicity exists in Canada due to the competitive environment amongst plaintiff law firms looking for lead plaintiffs.
Drawing upon a variety of databases, we identify, track and monitor litigation as it advances through the various court systems. As an industry pioneer, Battea has developed strong relationships with the law firms that file these cases in the U.S. and Canada so that we can perform any additional due diligence on a particular securities case that reinforces our internal litigation research efforts.
THE ONLY PLATFORM FOR ALL YOUR SECURITIES CLASS ACTION RECOVERY NEEDS
International Securities Litigation
Monitoring the emerging securities litigation landscape around the world
To support our clients, our international litigation research team monitors the emerging securities litigation landscape around the world and identifies newly filed actions and pending resolutions of collective securities claims. We match our clients’ trading histories against these investigations and potential claims so that we can identify recovery opportunities at an early stage. Battea’s international litigation team members essentially become experts on each potential case and help our clients identify which of these opportunities are most relevant to their trading profile.
Read more about international cases:
Petroleo Brasileiro S.A. Securities Litigation
Volkswagen Securities Litigation
Class Action Settlement Tracking
Battea monitors cases from before they are officially filed at the investigatory stage, up to their possible settlement years later.
Just as Battea thoroughly monitors newly filed class action litigations, it scans the securities class action horizon for news of settlements. By tracking the progression of each case through its successive stages, we monitor cases from before they are officially filed at the investigatory stage up to their possible settlement years later. We are able to undertake this because of our extensive network of information sources such as securities law firms, class action claims administrators, and legal and business periodicals, among others. We focus on both domestic and international cases, absorbing the latest information available so that we can address changes in the global securities class action landscape on behalf of our clients.
Antitrust Litigation Settlements
Special diligence is required in the filing of these types of claims or investors risk leaving vast sums of money on the table.
While most antitrust cases are not specifically securities class actions, sometimes these two legal subsets overlap, and the result is antitrust securities class action litigations. Examples include the credit default swaps antitrust litigation (which settled for $1.86 billion in 2015), the Private Equity settlement for $590 million, the LIBOR, EURIBOR, and TIBOR scandals, and the FX-rigging case.
While these settlement funds are established to primarily benefit damaged institutional investors, many of these products transact over the counter (OTC) and accordingly are not easily identifiable with traditional securities identifiers. Special diligence is required in the filing of these types of claims or investors risk leaving vast sums of money on the table.
Battea has performed exceedingly well at identifying these transactions in client data populations. Our proprietary search technology and the expertise of our staff makes Battea uniquely qualified to prepare and defend these complicated claims on behalf of our clients.