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[PRESS RELEASE] Chicago Clearing Corporation and TaxTec Announce Strategic Partnership to Transform Class Action and Tax Reclamation Services
September 16, 2025

Chicago, IL and London, UK — September 2025 – Chicago Clearing Corporation (CCC), a leader in securities and antitrust class action claim filing, and TaxTec, an AI-driven innovator in global tax reclamation, announced a strategic partnership designed to maximize recoveries and operational efficiencies for institutional investors worldwide.

With over 30 years of experience, CCC has filed more than 20 million claims, recovered over $3 billion for its 3,200+ clients (including over 42 million individual accounts), and supports more than $7 trillion in assets under management. By pairing its expertise in class action settlements, claim filing, and monetization with TaxTec’s digital-first tax reclamation platform, the partnership aims to give investors end-to-end coverage of two critical areas: securities litigation recovery and tax reclaim.

TaxTec, founded in 2023 by industry veterans with over 250 years of combined experience, is reshaping tax reclamation with AI-powered automation across 100+ jurisdictions and 300+ double-tax treaties. The company’s digital-first platform streamlines withholding tax reclaims, delivers real-time tracking and compliance, and unlocks instant monetization opportunities.

“Every year, billions of dollars go unclaimed—whether from securities settlements or unrecovered withholding tax,” said James Tharin, CEO of Chicago Clearing Corporation. “By combining CCC’s decades of experience in securities and antitrust claim recovery with TaxTec’s cutting-edge technology, we are uniquely positioned to help our clients capture the full value they are entitled to, with less effort and greater confidence.”

"Institutional investors deserve a smarter, more streamlined way to recover what is rightfully theirs," said Stephen Everard, CEO of TaxTec. "By joining forces with CCC, we can deliver unparalleled coverage across both tax and litigation recoveries, helping clients unlock value that was previously too complex or costly to pursue."

Together, CCC and TaxTec offer institutional investors, custodians, asset managers, pension funds, and other financial institutions a comprehensive recovery solution —covering both litigation-driven settlements and tax recovery opportunities.

For more information, please visit www.chicagoclearing.com and www.taxtec.co.uk.

Written By: Kerri Angel

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.

- National Bank

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.

- Savings Bank

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).

- Bank

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