Class Action & Mass Tort
ATLANTA – March 4, 2019 — Epiq, a global leader in the legal services industry, has been recognized as the top securities class action claims administrator by ISS Securities Class Action Services in its 2018 ranking of the top 100 U.S. securities class action settlements ranked according to the total settlement amount.
As of December 2018, Epiq administered 52 of the top 100 settlements since the passage of the Private Securities Litigation Reform Act—more than all other claims administrators combined. This includes four of the top five settlements in history collectively valued at over $12.4 billion.
Epiq is the premiere claims administrator for large, complex securities settlements with a proven record of accomplishment that includes the administration all four cases added to the list in 2018, namely; Petroleo Brasileiro S.A. (Petrobras) - $3 billion; Wells Fargo & Company - $480 million; Allergan, Inc - $250 million; and Wilmington Trust Corp - $210 million.
When it comes to securities class action settlements, Epiq has built a center of excellence that is unmatched in the industry, consistently making Epiq the partner of choice in large, complex securities administrations,” said Bob Hopen, president, Epiq class action and corporate restructuring. “Epiq continues to invest in additional capabilities and our team is transforming securities class action administration with unparalleled resources and subject matter expertise.”
Epiq, a global leader in the legal services industry, takes on large-scale, increasingly complex tasks for corporate counsel, law firms, and business professionals with efficiency, clarity, and confidence. Clients rely on Epiq to streamline the administration of business operations, class action and mass tort, court reporting, eDiscovery, regulatory, compliance, restructuring, and bankruptcy matters. Epiq subject-matter experts and technologies create efficiency through expertise and deliver confidence to high-performing clients around the world. Learn more at www.epiqglobal.com.
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