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Battea and Apex announce partnership for hedge funds, litigation and data analysis

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Battea Class Action Services, a global expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring, has formed a new partnership with Apex Group.

For more than 20 years, Battea has been the industry leader and consulted as experts by multiple law firms in the US and Europe concerning how best to analyse the correlation between transactional and market events, locate data, including expert identification of different types of derivatives and FX transactions, as to implement the best process, weighting and allocation of settlements.
 
This partnership will provide Apex Group’s institutional clients, including hedge funds and asset managers, with access to Battea’s “best in class” claims processing technology; along with specialists in international litigation, damage valuation, and financial technology to guide them through the entire cycle of the litigation and settlement process to receive the maximum recoveries that they are due.
 
Battea will offer a comprehensive analysis of all transaction history to ensure that Apex Group clients’ filings in all class and collective action settlements are complete. In some instances, the same transactions may be eligible to be filed in more than one settlement, and therefore eligible to receive multiple settlement distributions.
 
Michael McCreesh, CFA, President of Battea Class Action Services, says: “Battea Class Action Services is thrilled to be partnering with the Apex Group, providing its global client base with “best in class “global damage analysis and class and collective action claim filing for securities, derivatives, currencies, foreign exchange and interest rate derivatives.”
 
Jeff Faber, COO Apex Group Americas, adds: “The claims recovery process of litigation and settlement doesn’t need to be challenging and time consuming. We are excited to announce this partnership with Battea, which will provide our clients with the best advice, experience and guidance to navigate the complex and fast evolving landscape of US class actions and securities litigation. The expertise of Battea’s personnel is critical to helping our clients to obtain trustworthy and actionable intelligence about litigation that impacts their investments and businesses, and we look forward to working together.”

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