As part of its Portfolio Monitoring Program, and without cost to its clients, AF&T tracks all shareholder actions, including class actions alleging securities fraud filed pursuant to the Private Securities Litigation Reform Act of 1995 (PSLRA), as well as actions related to material corporate transactions, such as mergers and acquisitions, executive compensation and stock options grants. For each action that is likely to impact our clients, AF&T commences an investigation and provides a detailed evaluation of all potential claims and legal options.
As part of our investigation, AF&T considers, among other things, all viable claims under federal and state law, a review of the potential defendants, the background of the company at issue, the extent and time period of the misconduct, and the overall damages to the class of investors. Then, for each client, AF&T determines the best available course of action to achieve the greatest recovery, including the benefits and likelihood of being appointed as a lead plaintiff on behalf of the class, or a subclass, of investors, the potential benefits of pursuing relief on an individual basis, and an assessment of the attendant risks and advantages of each option. After providing its case analysis and recommendation to a client, AF&T attorneys remain fully available to the client to answer any questions and/or conduct any necessary follow up investigation; AF&T continues to monitor the facts and circumstances of the litigation in order to ensure that any decisions made by the client are based on the most current information.
In evaluating cases for recommendation to pursue legal action, AF&T’s single, overriding concern is that its clients only pursue lawsuits that represent credible opportunities for substantial economic recovery or, which would preserve or enforce an important right or claim on behalf of the client. Moreover, we believe it is our responsibility to always present a fair and objective analysis of potential cases, and to advise clients as to whether cases are meritorious, or of a caliber and quality that is not suitable for their participation.
AF&T provides claims analysis and case evaluations for all investors, upon request, regardless of whether they formally participate in the firm’s Portfolio Monitoring Program. To fully asses an investor’s claims, however, we would need to review all transactions in the securities at issue during the relevant period of time. Any trading information submitted for these purposes will remain secure and confidential, and any analysis of such information would be provided without cost or obligation to utilize or retain the firm in that matter.
In the event that an institutional investor decides to pursue legal action, AF&T would propose to represent that client on a full contingency fee basis pursuant to which the client would not be responsible for any out-of-pocket costs or attorneys’ fees unless the action is successfully resolved, the fee award is approved by the presiding court and payable from the funds recovered or by the defendants in the action.
For more information please contact our Director of Institutional Investor Services, Atara Hirsch, at firstname.lastname@example.org or +1-212-279-5050 or 1-800-440-8986. We also have several multi- lingual attorneys available to discuss your individual needs.