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Battea Class Action Services and Apex Group partnership offers clients securities litigation recovery services

26 April 2021

Battea Class Action Services, LLC, the global leading expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring, today announces a new partnership with Apex Group, Ltd., a global financial services provider serving asset managers, capital markets, private clients, and family offices

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For more than 20 years, Battea has been the industry leader and consulted as experts by multiple law firms in the U.S. and Europe concerning how best analyze the correlation between transactional and market events, locate data, including expert identification of different types of derivatives and FX transactions, as to implement the best process, weighting and allocation of settlements.

This partnership will provide Apex Group’s institutional clients, including hedge funds and asset managers, with access to Battea’s “best in class” claims processing technology; along with specialists in international litigation, damage valuation, and financial technology to guide them through the entire cycle of the litigation and settlement process to receive the maximum recoveries that they are due.

Battea will offer a comprehensive analysis of all transaction history to ensure that Apex Group clients’ filings in all class and collective action settlements are complete. In some instances, the same transactions may be eligible to be filed in more than one settlement, and therefore eligible to receive multiple settlement distributions.

Michael McCreesh, CFA, President of Battea Class Action Services comments: “Battea Class Action Services is thrilled to be partnering with the Apex Group, providing its global client base with “best in class “global damage analysis and class and collective action claim filing for securities, derivatives, currencies, foreign exchange and interest rate derivatives.”

Jeff Faber, COO Apex Group Americas, adds: “The claims recovery process of litigation and settlement doesn’t need to be challenging and time consuming. We are excited to announce this partnership with Battea, which will provide our clients with the best advice, experience and guidance to navigate the complex and fast evolving landscape of U.S. class actions and securities litigation. The expertise of Battea’s personnel is critical to helping our clients to obtain trustworthy and actionable intelligence about litigation that impacts their investments and businesses, and we look forward to working together.”

About Battea Class Action Services, LLC:

Battea Class Action Services, LLC has been a leader in the space, asserting and processing settlement claims in connection with antitrust and securities litigation, for more than 20 years. Serving more than 900 institutions around the world, including many of the world’s largest banks, hedge funds, asset managers and buy-side investors. The landscape for U.S. class actions, international securities litigation and securities centered anti-trust litigation has evolved rapidly around the globe. With deep roots in the claims filing and financial technology sectors and its global presence, Battea is optimally positioned to help clients navigate the increasingly complex process of obtaining trustworthy information about litigation that impacts their investments and businesses. The combined experience of the Battea team is unrivaled among industry peers and brought to bear for our clients, guiding them through the entire cycle of the litigation and settlement process. Battea’s expertise is simply unmatched.

www.battea.com

About Apex

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With 45 offices worldwide and 4,000 employees, Apex delivers an extensive range of services to asset managers, capital markets, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of products in the industry; including fund services, digital onboarding and bank accounts, depositary, custody and super ManCo services, corporate services and capital markets services, business services including HR and Payroll and a pioneering ESG Ratings and Advisory service for private companies.

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