Willis Towers Watson
Earlier this year Snap settled two parallel litigations, one in state court and one in federal court, for a total of $187.5 million. Fortunately for claim filers, the two settlements were rolled up into one claim form. Willis Towers Watson (WTW) has now entered into a similar dual-court settlement with one claim form.
If only all securities class actions could be bundled like this, right?
Good news: they can.
When you have Chicago Clearing Corporation on your side, it's just like getting one claim form for every securities class action. Each year, there are over a hundred securities and antitrust class actions, and of course an equal number of claim forms (not counting outliers like Snap and Willis Towers Watson, of course). That is not only a hundred different funds, but a hundred different deadlines and processes across dozens of administrators and jurisdictions, with tens of thousands of CUSIPs to compile, and antique data to sift through... among other headaches.
Chicago Clearing simplifies both keeping up with class actions, and with filing in class actions. Our client website is a one-stop-shop for the global industry of financial litigations, and our entire claim filing service is, essentially, one claim form for years-on-end.
In this litigation, Willis Towers Watson has settled a federal class action settlement for $75 million and a Delaware state settlement for $15 million. Both litigations pertain to the 2016 merger between Towers Watson & Co and Willis Group Holdings, and both allege that:
Eligible class members are those who held Towers Watson & Co. stock during two relevant periods:
Please note that the claim form only asks for the first period. For brokers and other nominees who provide notice to their clients, it would be best to use the latter class period for notification purposes as it encompases both periods.
If you have any questions about this or any other litigation, please gives a call any time at 312-204-6970, send us an email at email@example.com, or send an email to any of us directly.
Willis Towers Watson
Earlier this year Snap settled two parallel li... Read More
Chicago Clearing Corporation (CCC) cordially invites you to a webinar on international securities and antitrust litigations. On Monday, December 14, at 10:00 AM Central, CCC’s President and General Counsel Brian Blockovich will moderate a presentation by Guus Warringa, Director of Institutional Investor Relations at the law firm Grant & Eisenhofer, ... Read More
Morgan Stanley Fair Fund
Santander Consumer USA Holdings
“I could go on and on, but bottom line, the fees being charged are much less than what I was spending in house to file and this is just one less thing I have to spend time trying to figure out how to complete on a consistent basis. Dealing with the CCC staff has been a very positive thing.”
“We were spending countless hours on class action claims before we signed on with CCC in January. Matt Murray and their technical team ensured our data transmission was seamless and secure. We found everyone at CCC to be professional, courteous, and accommodating.”
“Signing with CCC has made a huge difference. Before, it was horrible. We had to print thousands of pieces of paper, invite clients to come in and sit down with us to show them where to find the transactions, how to input them into the Proof of Claim forms. Now it's simple. It’s very nice to be able to tell our client, “You can shred that Proof of Claim form because CCC has it taken care of.”
Registered Investment Advisor
“Your client reporting portal and customer service is the reason we chose Chicago Clearing. I send the data on an annual basis to CCC and they take it from there. My clients are protected (if there is a class action, it is getting filed), the Bank is protected (we are meeting our fiduciary obligation by filing the claims)."