Securities Fraud Portfolio Monitoring and Case Evaluation
What is Securities Fraud Portfolio Monitoring?
At no cost, Chimicles & Tikellis ("C&T") provides its institutional investor clients with comprehensive securities fraud portfolio monitoring services. C&T's services are an important piece of its institutional clients' continued pursuit of protecting and recovering assets in their equity portfolios.
As part of its securities fraud portfolio monitoring services, for the holdings in its clients' equity portfolios, C&T monitors financial and market data, pricing, trading, and news, all of which may impact shareholder value. This is done utilizing C&T's monitoring systems and, when necessary, forensic accountants, financial analysts and investigators. Through comprehensive monitoring, C&T ascertains the cause of the decline in value of its clients' investments and assesses this information in the context of potential securities fraud claims.
How does C&T evaluate potential legal claims discovered through monitoring?
C&T fully investigates and evaluates potential securities fraud, derivative or other investor rights claims at no charge to the client. In the pursuit of vigorously evaluating any potential claim, C&T's seasoned litigators consult with suitable experts. If a potential claim exists, or there is an event which may be of interest to the client, C&T provides a brief initial analysis indicating the nature of the developments and the significance to the client. C&T then provides a recommended course of action to the client, which could include the following options: that there is no need for the client to take legal action at such time; the client should file an individual or class action complaint against the alleged wrongdoers; the client should file a motion to be named as a lead plaintiff; the client should participate in an already-filed action as an absent class member; and/or the client should file a stockholder derivative action. The decision as to any course of action rests entirely with the client.
What is a Quarterly Report?
As part of its no-cost securities fraud portfolio monitoring services, C&T also provides its institutional clients with a comprehensive Quarterly Report. The Quarterly Report details the status of each class action in which the fund has a financial interest, regardless of whether the client is a lead plaintiff or an absent class member. The Quarterly Report also provides the client with updates on class action settlements in which the client may be entitled to collect on claims.
What is a Securities Litigation Policy?
If its clients do not already have one implemented, C&T assists its institutional clients with the preparation of a Securities Litigation Policy. The Policy can include the establishment of procedures and guidelines for monitoring and determining when the client's participation in securities litigation, or other course of action, is appropriate to protect the client's interests.
C&T is proud of its national reputation for providing quality legal work as securities litigation counsel. C&T's securities fraud portfolio monitoring and case evaluation services are an integral component of C&T's goal of maximizing the recoveries obtained for its clients in meritorious securities litigation.