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SAR Closes on $1 Million in Seed Capital, Grows Leadership Team, and Expands SCA Coverage

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Nov 26, 2019, 23:26 ET

BETHESDA, Md., Nov. 26, 2019 /PRNewswire/ -- SAR, LLC (SAR), a securities class action (SCA) data analytics software company, has closed on its final seed round, raising a total of $1 million in seed capital from a group of angel investors. SAR is an independent and highly specialized provider of SCA data analytics services. SAR is the pioneer in event-driven SCA data analytics, combining proven event study methodology with cloud-based processing to identify, track, and uniformly quantify potential exposure from adverse events. SAR empowers public company D&O claims professionals with easy-to-use, cloud-based, robust econometric tools that track and quantify severity on filed claims that allege violations of Section 10(b) and 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Continue Reading

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