SAN FRANCISCO - (Business Wire) Battea - Class Action Services, LLC, a leading provider of securities class action claims filing for institutional investors, today announced the launch of its charitable partnership program in connection with Hedge Funds Care, a nonprofit organization dedicated to the prevention and treatment of child abuse. Battea – Class Action Services, through its highly automated Claims Engine platform, provides institutional investors with a full-service, outsourced solution for securities class action claims processing. The Claims Engine processes detailed historical trade data against its proprietary database of class action settlements, optimizing award recovery for its clients. The partnership will enable Battea clients to donate funds directly from their class action settlement award monies to Hedge Funds Care. Serving over 100 money management clients, many of them hedge funds, Battea is pleased to work with Hedge Funds Care to promote this noble cause.
The principal mission of Hedge Funds Care is to support efforts to prevent and treat child abuse. Money raised by Hedge Funds Care is granted to community based organizations that provide prevention and treatment services, education to enhance awareness, research on child welfare best practices and advocacy to improve child welfare. “In these difficult economic times, the stressors that lead to child abuse are ever increasing, which makes support more vital than ever,” commented Kathryn Conroy, Executive Director & CEO of Hedge Funds Care. “We are delighted to partner with Battea in bringing much needed assistance to children and families in distress.”
“We are excited to launch Battea’s charitable partnership program with Hedge Funds Care and are very hopeful that this program will showcase the generosity of the institutional investment community. Organizations like Hedge Funds Care are positively impacting our community on a daily basis and we believe establishing this program is just one way for our firm to make a difference,” commented Andrew Wilson, Managing Director of Battea – Class Action Services, LLC.
About Battea - Class Action Services, LLC
Through its proprietary technology, The Claims Engine®, Battea - Class Action Services optimizes class action settlement award recovery for institutional investors. Our experts manage the entire award recovery process —from calculating recognized loss for every claim through the confirmation, receipt and delivery of award payouts. The Claims Engine is the only service available on the market that calculates, confirms and files claims based on a client’s recognized loss, the key factor in determining class action settlement payouts. A full-service, outsourced solution to the manual and complex claims filing process, Battea - Class Action Services harnesses the power of technology to maximize clients’ award recoveries and deliver the highest net return on settlement assets. For more information, please visit www.battea.com.
Battea – Class Action Services, LLC
Jennifer Carberry, 203-987-4949
jcarberry@battea.com
or
Hedge Funds Care
Trevel Balser, 212-991-9600 x 341
tbalser@hedgefundscare.org
Website: www.hedgefundscare.org
