Filing and Notification

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

SCAS provides outsourced solutions for notification and tracking of settlements and for the filing of claims to maximize asset recovery. In 2010, SCAS filed more than 495,000 securities class-action claims on behalf of clients.

SCAS has been filing securities class-action claims on behalf of its clients since 2003. Our research and filing professionals have developed close relationships with the SEC and other regulators, custodians, prime brokers, claims administrators, law firms, and trade groups to address issues affecting our clients and to ensure efficient, accurate, and complete filing.

The SCAS solution offers unmatched breadth and depth in claims filing:

In 2010, SCAS filed more than 495,000 claims on behalf of clients
SCAS averages over $1 billion a year in recoveries for its clients
The SCAS database includes over 40,000 unique security identifiers
The SCAS filing universe includes the U.S., Canada, and the Netherlands
SCAS provides dedicated account management support
SCAS provides complete monthly, quarterly, and annual reporting on all filing activity

Notification and Distribution Services

SCAS Notification and Distribution Services (SCAS NS) provides financial-services firms with a fully outsourced solution for delivering securities class-action claims notifications and filing materials to claims-eligible clients with retail or nondiscretionary accounts.

Builds upon the industry-leading SCAS database of class actions claims
Cost-effective solution to enhance client service for retail investors
Provides notification tracking across the complete claims lifecycle
Removes costly and time-consuming internal processes for investment firms
Options for e-mail and physical delivery of notification packages
Clearly define and fulfill your class-action-related fiduciary and compliance responsibilities
Leverages your client account holdings data to allow SCAS to identify client eligibility for every pending settlement.
Provides notification to account holders of their possible claims eligibility
Delivers all pertinent information to account holders for completing the claims filing process

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New from ISS

The Top Securities Class Action Services 50 for 2011

Submitted by root on Fri, 2012-05-11 16:30

Building on the industry's most comprehensive database on securities class action litigation, ISS' Securitites Class Action Services 50 report lists the top 50 plaintiffs' law firms ranked by the total dollar amount of final securities class action settlements occurring in 2011 in which the law firm served as lead or co-lead counsel.

ISS Completes Study Commissioned by the Government Pension Investment Fund of Japan

Rockville, MD; April 12, 2012 – Institutional Shareholder Services Inc. (ISS), a leading provider of end-to-end corporate governance solutions, today announced the completion of a study for the Government Pension Investment Fund (GPIF) of Japan on certain impediments to the effective exercise of shareholder voting rights in the region covered by the MSCI Emerging Market Index. The GPIF commissioned ISS to perform the study in the Fall of 2011. The study is part of the GPIF’s efforts to examine how voting rights are being exercised for non-Japanese equities.

Institutional Shareholder Services Raises the Bar for Transparency and Responsiveness

Rockville, MD (March 29, 2012) – Institutional Shareholder Services (ISS), a leading provider of end-to-end corporate governance solutions, today announced that it has established a new Feedback Review Board, setting a new high water mark for transparency, openness and responsiveness.

2012 Proxy Season Preview: Environmental & Social Issues

Submitted by root on Tue, 2012-03-20 12:05

Investors have filed more proposals this year that relate to political spending and lobbying, but fewer resolutions on climate change and sustainability.

ISS Updates Compliance with AMF Recommendation No. 2011-06 of 18 March 2011 on Proxy Advisory Firms

Powers of Attorney Service

Institutional Shareholder Services Helps Clearstream Enhance Proxy Voting Service

Rockville,MD; London, U.K. – March 1, 2012 – Institutional Shareholder Services (ISS), a leading provider of end-to-end corporate governance solutions, today announced that Clearstream, has launched an enhanced proxy voting service facilitated through ISS’ ProxyExchange™ platform.

ISS Webinar: Preseason Primer for North America

Thursday, February 23, 2012 - 11:00

23 February 2012, 11:00 AM EST

The informative webinar gave a preview to the spring 2012 proxy season in the United States and Canada. During the webinar, the panelists discussed how U.S. companies and investors are addressing executive compensation issues during the second year of mandatory say-on-pay votes. Additionally, the panelists reviewed shareholder proposals seeking proxy access, independent board chairs, and disclosure of corporate political activities. For the Canadian market, key issues including say-on-pay and shareholder proposals were discussed.