MORE ACCURATE ANALYTICS OPTIMIZES DATA-DRIVEN DECISION MAKING TO REDUCE COSTS OF DEFENDING EVENT-DRIVEN SCAs
"We had a data breach. I didn't learn about it until it was too late. Our stock price tanked and investors just filed a securities class action lawsuit... how much is our exposure? How much could shareholders claim in damages? Are we covered?"
The claims platform provides claim-specific analysis of an insured’s exposure, maximum damages per share, and a baseline estimate of potential class-wide damages based on proven event study analysis that abides by the Private Securities Litigation Reform Act of 1995 (PSLRA). The claims database contains all Exchange Act claims (common equity) going back to June 2018; from the first filed complaint (FIC) through the operative consolidated amended complaint. Aggregate damages computations are updated to account for changes in the allegations. Full visibility of econometric results are exhibited through each phase of the class action litigation. Non-equity Exchange Act claims are performed on specific requests.