RESULTS MATTER. BATTEA DELIVERS.
Recently, during one of the largest securities class action settlements, Battea assisted a Client that was concerned their previous provider had not recovered what they should have on their behalf. During its review, Battea discovered that a stock loan had taken place during the class period. Upon reviewing, and verifying legal documentation, Battea established the Client was indeed the beneficial owner during class period. Battea repaired the filing and achieved several millions (of more than 4x the original amount originally filed) in net return for its client.
BATTEA PROVIDES FULL SERVICE, DETAILED GLOBAL MONITORING, AND RESEARCHES THE VARIOUS COALITIONS AND PARTICULAR TECHNICALITIES AROUND OPT-IN TIMING AND TERMS.
At the very basic level, pursuing securities fraud claims outside of the United States generally requires investors to litigate individually or to “opt-in” to some form of group or collective action. With respect to collective actions outside of the US, damaged investors must generally affirmatively opt-in to the litigation in order to participate in any subsequent settlement or judgment. While most proposed litigation is announced or advertised in advance, investors often receive information about non-U.S. cases, through somewhat random and disparate sources and methods. We provide a full service detailed global monitoring solution and research the various coalitions and particular technicalities around opt-in timing and terms.