City

Monetization

Home> Services > Monetization
Don't Wait for Your Settlement Award. CCC's Monetization Provides Liquidity Now

Securities class actions pay hundreds of millions of dollars to harmed investors every year, but the claims process takes time. Eligible claimants can expect to wait 14 months from the claim filing deadline to the date of distribution. For many investors, though, early recoveries can be a tremendous resource.

CCC's monetization service is perfect for managers looking for liquidity. There are many reasons our clients turn to us for monetization. From a fund dissolving to the need for capital toward ongoing projects, the reasons vary. The results, though, are the same useable cash far in advance of a fund's distribution. Claims monetization is the fastest, easiest way to recover money from class action settlements.

How It Works
Using our recognized loss models, CCC can monetize both active claims (in which a settlement exists) and potential claims (in which a settlement is likely).

Once we identify potential claims, there are two options for monetization. First would be to value all class action claims (including those that are still pending in the courts and unsettled), next we would provide a bid, and finally we would purchase the claims outright. CCC would collect the class action receivables when they occur.

Another monetization option would be to pay upfront for a portion of outstanding claims, and then "true-up" the award based on the final pro rata amounts once the settlement officially begins distribution. That is, if we agree on a 20% filing fee and pay $75,000 for a claim now, but the claim actually receives $100,000, we would true-up the claim by paying the monetization client the balance of $5,000 thus not exceeding the agreed upon 20% filing fee.

Ready for Cash Now, Tired of Waiting? Then Call 312-204-6970
Monetization can begin as soon as we can analyze your trade data. Call us today and we will get started.

Chicago Clearing Corporation

Since 1992

2,100 clients

And growing

5 million

Individual Accounts

5 Trillion

In AUM

1 Billion

Recovered from Clients

More News From the Class Action World

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

Contact Us

404 South Wells St., Suite 600,
Chicago, IL 60607 – United States
Phone: (312) 204-6970
Email:
info@chicagoclearing.com

About Us

Chicago Clearing Corporation is the
industry leader in class-action services.

2024 © Chicago Clearing Corporation. All rights reserved. Terms and conditions