Class action lawsuit Settlement Unclaimed Money
The purpose of Liquid Claims is to assist clients in engaged in every eligible securities class action lawsuit settlement. We will do this depending on our proprietary data analytic software. Our monitoring and optimization platform lets us securely match client transactions to eligible securities class action settlements, making an allowance for corporate actions as well as other important variables that impact their ultimate recovery. We partner that has a dynamic mix of financial service firms and institutional investors, including: Hedge Funds, Registered Investment Advisors, Proprietary Trading Firms, Pension Funds, Mutual Funds, and Family Offices.
Class action lawsuits in a great deal of industries, products and services undoubtedly are a large and growing method to obtain unclaimed funds. Each year many companies are involved in class action lawsuit litigation. These fit in several broad categories including: Securities Fraud (insider trading and mismanagement)
Consumer Protection (fraudulent marketing)
Public Health (tobacco)
Antitrust (unfair business practices and price fixing)
Human Rights (unfair practices and discrimination)
Defective products (defective products causing or involving accidental injuries)
Recent class action settlements have exceeded $11 billion ($5 billion in the year 2006 alone), yet more than half of the qualified for payment fail to file an insurance claim.
Current and former customers and stockholders in over 2000 publication rack qualified for receive unclaimed class action settlement payments. Legal notice of class action claims eligibility is frequently buried deep in newspaper classifieds. If you have ever moved, physically hold stock certificates, or hold stock in street name and switch brokers, you may not be notified.
Regardless of whether something was adopted years back or stock has for many years been sold, class members may qualify to obtain cash, credits, shares or distributions in businesses like AOL, AT&T, Ford, GM, Dow Corning, Coca Cola, NASDAQ, Publishers Clearing House, Bank of America, MCI, Merrill Lynch, Schwab, Wal-Mart and a huge selection of others.
In case you a present or former customer or stockholder in a very company named inside a class action lawsuit, you have to file an insurance claim to acquire your share. Because many class actions are filed in federal court, settlement payments to class members will not show up in a condition Unclaimed Property Division search and unlike other unclaimed money there is a time period limit during which the settlement must be claimed.
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