Recognized Loss Projections


Find Out What Your Settlement Award Should Be... Before You File!


The securities class action settlement process is notoriously slow. The gap between the claim filing deadline and the distribution date takes an average 14 months. But that is just the typical class action. Many complicated cases, especially for widely held securities and large settlement funds, can take far longer. CCC can calculate your projected award and eliminate the mystery of what your pay-out will be. This is a boon to institutions and money managers who need to create realistic budgets with clear projections of receivables and recoveries.

Using our proprietary software, CCC can crunch your trade data and determine your recognized loss (aka "rec loss") before a claim is even filed. Our experts turn complicated plans of allocation into a simple formulas, and then input them into our proprietary software. Next, we generate a clear estimate of what your claim is worth.

CCC also uses our expected recovery estimates to ensure the awards our clients receive from the administrator are accurate. When checks arrive, our data team compares each recovery for each account to our internal models. In many cases, challenging a discrepancy between the two has resulted in more recovery for the client.

What About Unsettled Cases? Yeah, We Can Do That Too


Each year there are over 400 new securities class action complaints filed. CCC can even review those unsettled cases to help you project recoveries far in the future. Our data experts will create loss models based on the important dates and market activity in each case, and our legal experts will review the merits of them and project the likelihood of a settlement or a dismissal. With this information, and with CCC in your corner, the fog of financial class action settlement recovery dissipates.

Recognized Loss and Monetization: Get Money for your Real and Potential Claims Now


Many investors don't want to wait, and often can't wait, 14 months and beyond for a recovery from a settlement. Many also can't wait for a litigation to resolve. Using the recognized loss projections, CCC can monetize both real (in which a settlement exists) and potential claims (in which a settlement is likely) now.

Opting Out of a Class Action: Recognized Loss and Private Litigations


Class action claimants typically recover a small fraction of their losses-- substantial, but small. When an investor's losses are considerable, it often makes sense to op-out of the settlement and pursue a private litigation. Our recognized loss projections combined with our vast experience in class actions can help investors choose when to opt-in and when to opt-out.

Thanks to our 26 years in the class action industry, we have excellent relationships with many of the leading class action plaintiff firms. In close consultations with these firms (many of whom use our recognized loss models for in-house research), we also can explore the best path for our clients toward a maximum recovery.

Call Us Today at 312-204-6970


Recognized loss is a great help to investors in many diverse ways. What are the right ways for you and your clients? Call us today and let's find out.


More News from the Class Action World



Did you trade debt securities of government sponsored enterprises (aka GSE bonds) between 2009 and 2019? If so, you may be eligible to participate in an antitrust settlement.

Plaintiffs allege that the defendants (see full list below) conspired to fix prices of unsecured GSE bonds issued by Federal ... Read More

Case Name: Akorn 2019 Securities Settlement

Settlement Fund: Between $53.6 million and $155.4 Million

Claim Filing Deadline: January 24, 2020

Class Period: 11/3/2016 – 1/8/2019

Read More

Endo International... Sound familiar? Earlier this August we posted a blog with a similar title “Endo International Settles Securities Settlement for $50 Million.”

So what’s the difference? Aside from $32.5 million.

The first settlement pertained to declining demand for Endo’s generic drugs and also alleged th... Read More

Investors in American Realty Capital Properties (ARCP), now known as Vereit, may be eligible for a massive settlement that could pay as much as 50% of damages. Given that the typical recovery is just 2%, this is great news for harmed ARCP investors.

What is this case about?

ARCP was an investment services firm fou... Read More

Case name: Puma Biotechnology

Verdict award: Up to $4.50 per damaged share, total award TBD

Claim filing deadline: 1/28/2020

Class period: 7/22/2014 – 5/29/2015

 

This week saw the rarest of rarities, a veritable solar eclipse o... Read More

Case name: SanDisk LLC Securities Litigation

Settlement fund: $50,000,000

Claim filing deadline: 9/12/2019

Class period: 10/16/2014 – 4/15/2015

Definition of class from settlement notice: “If you purchased or otherwise a... Read More

Chicago Clearing Corporation


Since 1992

1,800 Clients

And Growing

4 Million

Individual Accounts

$4 Trillion

In AUM

$700 Million

Recovered