Service Enhances Funds’ Ability to Obtain Their Share of Class Action Recoveries
SAN DIEGO- LAWFUEL – Class Action Law -Lerach Coughlin Stoia Geller Rudman & Robbins LLP, the world’s largest and most successful shareholder law firm, announced today the rollout of a securities claims-filing service for institutional investors. The claims-filing service will complement Lerach Coughlin’s proprietary Portfolio Monitoring ProgramSM, the most advanced fraud detection system available to U.S. and international investors.
With more than 35 years experience in prosecuting securities fraud and more than $45 billion in investor recoveries, the firm is uniquely positioned to assist institutional investors in recovering funds through the claims-filing process. Lerach Coughlin now offers institutional investors a complete range of portfolio monitoring services – from identifying and prosecuting securities claims to making sure funds maximize recoveries through sophisticated claims-filing strategies and claims-processing services.
“For all the attention and effort pension fund trustees put into recovering lost assets for retirees, the claims-filing process is one of the most important and least understood steps. It is great comfort to me as a trustee to hear that Lerach Coughlin is now devoting its unequaled expertise to assisting funds with this claims-filing process,” said John Chobor, Chairman of the Board of Trustees for the 1199 Greater New York Pension Fund.
“Lerach Coughlin is the proven leader in investor protection and the law firm of choice for the largest pension funds and institutional investors in the world. We now offer our institutional clients a new claims-filing service to maximize their recoveries in securities fraud settlements,” said William S. Lerach, of Lerach Coughlin Stoia Geller Rudman & Robbins LLP.
Hundreds of pension funds and investment advisors in Asia, Europe and the Americas utilize the Portfolio Monitoring ProgramSM to ensure a comprehensive analysis of potential recoveries from securities class actions. Lerach Coughlin’s portfolio monitoring professionals are backed by the country’s best securities trial lawyers, forensic accountants and other professionals. The hundreds of institutional investors which currently utilize the Portfolio Monitoring ProgramSM do so free of charge.
Because the securities class actions claims process can be both confusing and cumbersome, Lerach Coughlin’s claims-filing service allows institutional investors to file accurate and timely claims, utilizing Lerach Coughlin’s expertise and more than 35 years of working experience with claims administrators. The firm’s claims-filing service allows institutional investors to increase recovery amounts and minimize rejected claims through a combination of accuracy and advocacy that comes with the experience of handling the largest and most important class action cases.
ABOUT LERACH COUGHLIN STOIA GELLER RUDMAN & ROBBINS
Lerach Coughlin, a 180-lawyer firm with offices in San Diego, San Francisco, Los Angeles, New York, Boca Raton, Washington, D.C., Houston, Philadelphia and Seattle, is active in major litigations pending in federal and state courts throughout the United States and has taken a leading role in many important actions on behalf of defrauded investors, consumers, and companies, as well as victims of human rights violations. Lerach Coughlin lawyers have been responsible for more than $45 billion in aggregate recoveries. The firm’s website (http://www.lerachlaw.com) has more information about the firm.