Canada Claims Management Launches Portfolio Monitoring and Claims Assistance Services in Canada

TORONTO, Feb. 28 /CNW/ - It is estimated that each year, millions of dollars are unclaimed from securities and anti-trust class action settlements. Financial institutions and individual investors with significant losses fail, in some cases, sixty percent of the time to submit claims in securities class action settlements because they are not aware of them or the legal forms are too arduous and overbearing.

Canada Claims Management strives to increase awareness of such settlement monies, and assists with the claims process itself, taking the guess work out and ensuring that settlement funds get into the pockets of eligible and deserving class members.  Canada Claims Management also provides guidance on what action is to be taken when a notice of a settlement is received.

Lawyer and co-founder of Canada Claims Management, Jonathane Ricci, says that "Canada Claims Management is the first of its kind in Canada.  We intend to change the class action lawsuit landscape by focusing our attention on increasing the number of claims made by investors and institutions.  Let's face it, millions of dollars go unclaimed in class action settlements on a regular basis.  We believe that this unclaimed settlement money should rightfully go into the hands of all qualifying class members."

Paul Battaglia, Managing Director and co-founder of Canada Claims Management says that "assisting institutional investors and portfolio managers make qualifying claims will help them meet their fiduciary and other obligations they may have toward the investing public." Paul has 23 years experience in the investment and financial services industry.

Canada Claims Management is the perfect partnership between legal experience and investment industry knowledge, which allows the firm to provide expertise and help individual investors and institutions get more for their claims from securities and anti-trust class action lawsuits and settlements.

Gildan Activewear Inc.  Canada Claims Management believes investors who invested in the TSX 60 Index may be entitled to participate in the USD $22.5 Million Gildan Activewear Class Action Settlement due March 10, 2011.   Canada Claims Management notifies potential class-members of the Class Action Settlement and collects and submits to the claims administrator documentary evidence of class eligibility to participate in the settlement, and disburses the settlement funds to authorized class members.  Please contact Canada Claims Management directly to determine if you are an authorized class member.

SOURCE Canada Claims Management

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