Securities Class Action Services

ISS’ Securities Class Action Services (SCAS) offers institutional investors a completely outsourced, turnkey solution for securities class-action research, filing, and notification.

Billions of dollars each year are recoverable by investors in securities class action lawsuits. Yet, the reality is that in many cases well under 50 percent of eligible claims are filed. In other words, investors are leaving millions (if not billions) of settlement dollars on the table. Not only do institutional investors have a fiduciary responsibility to monitor such suits and file claims on behalf of their clients, but it makes good business sense to recover substantial assets lost due to fraud. As of early June 2011, the SCAS Settlement Pipeline, which includes settlements for which the claims filing deadlines have not passed, was more than $18 billion.

To enable all institutions to recover these dollars, SCAS now offers more flexible pricing alternatives, including contingency fee arrangements with no annual fee. Clients also can obtain hybrid pricing that includes both annual subscription fees and contingency fees.

SCAS offers the industry's most comprehensive database on securities class-action litigation, covering 20 years of detailed historical class-action data; automated claims notification, monitoring, and filing; and unsurpassed client service.

Features of Securities Class Action Services from ISS

Detailed, online portfolio-specific views of cases and settlements
Services for notification, tracking and claims filing for asset recovery
Online report library allows clients to keep track of the complete securities class action
“New Case” views and “Pending Settlement” Hot Lists to track pertinent suits
Options for custom audits of eligibility
Optional loss calculation services, with three standard calculation formulas available
Claims administrator details
Secure and reliable: SCAS completed an annual SAS 70 Type II audit in March 2011

For more information and/or a product demonstration, please e-mail marketing@issgovernance.com.

To download a brochure with more details on SCAS, please click here.

Learn more about the ISS difference in managing securities class action claims:

Research and Analytics

SCAS offers complete research and analysis on all federal, state and SEC settlements, with the industry's most comprehensive database on securities class action litigation.

Filing and Notification

Outsourced solutions for notification and tracking of settlements and for the filing of claims to maximize asset recovery.

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