Start-to-Finish Claims Services
Leveraging decades of case-management and claims-administration experience, Stretto provides the highest level of professional client service. We offer a unique combination of deep subject-matter expertise paired with streamlined workflows and best-in-class technology to effectively manage even the most complex engagements. Stretto can handle every aspect of claims administration from start-to-finish so busy legal professionals can focus on more substantive case aspects.
SECURITY & FRAUD PREVENTION
Stretto is committed to protecting our clients’ data by prioritizing security protocols and procedures. We follow industry best practices by embedding safety measures and controls throughout our suite of services and software products. Stretto’s advanced safeguards are designed to identify and reject fraudulent claims. We also employ multi-layered defenses, including firewalls and forensics, to safeguard application data.
PRE-SETTLEMENT CONSULTATION
We support clients throughout the settlement process by assisting in the planning, drafting, and development of all necessary documents, and providing preliminary approval support. We offer class member friendly claim forms tailored to the specific terms of the settlement and Plan of Allocation.
LEGAL NOTICING SERVICES
Stretto delivers meaningful class member estimates based on historical noticing data, applicable to both securities class actions and derivative actions. We offer a secure, on-premises legal noticing production facility with the capacity to securely print and mail over 250,000 notices per day, with expanded capacity from our national partner network to produce millions of notices per day. Stretto also facilitates large-volume, customized email noticing, including address validation and ISP load management.
CLAIMS PROCESSING, ANALYSIS, & RECONCILIATION
Stretto has extensive experience processing intricate securities claims across a wide range of instruments, including common / preferred stock, options, bonds, and more. With the ability to process an unlimited number of incoming claims daily, Stretto has utilized hundreds of unique calculation methods while implementing robust fraud detection and duplicate claim identification processes, ensuring efficient and swift completion of the settlement’s claims processing phase.
CLASS MEMBER COMMUNICATIONS
We offer a comprehensive suite of communication tools to keep class members informed of important case updates. Stretto can design and host an informational website with a convenient online claim-filing portal. We also offer a toll-free number with IVR for automated information and live support, along with a dedicated case email for written inquiries and responses.
CASH MANAGEMENT & DISTRIBUTIONS
Stretto facilitates over $10 billion in client funds and leverages its long-established, national network of FDIC-insured and DOJ-approved bank partners to offer clients across a wide range of industries and market sectors a financial institution best suited to meet their specific cash and transaction-management needs.
Connect With An Expert
Drawing on decades of legal and financial services expertise, Stretto’s experts develop customized solutions to meet clients’ unique case administration, cash-management, disbursement, and business objectives.
