Chicago Clearing Corporation

Chicago Clearing Corporation
Private
Industry Securities Claim Filing
Founded Chicago, Illinois, United States (1993 (1993))
Founder James Tharin
Headquarters 404 South Wells Street
Suite 600
Chicago, Illinois 60607
Key people
James Tharin, Founder and CEO
Brian Blockovich, President and General Counsel
Matt Murray, Vice President of Sales
Dave Grondy, Data Operations Manager
William Tomczak, CFO
Brian Butler, CIO
Website www.chicagoclearing.com

Chicago Clearing Corporation (CCC) is a securities class action settlement claim filing service based in Chicago, Illinois. Started in 1993 to buy and sell coupons issued at the end of class action settlements, the company now employs more than 20 staff members. CCC has over 1000 clients that include bank trust departments, hedge funds, mutual funds, registered investment advisers, professional traders, and insurance companies. This client base has approximately $2 trillion in AUM and more than 2,000,000 individual accounts.[1]

Notable Settlements

Chicago Clearing Corporation or CCC has grown extensively as the rate of securities class action settlements has exploded in recent years.

See also

Partners

CCC has many partners in the industry in order to provide securities class action services to their clients.

Services Provided

  • Claim Filing
  • Data Integration
  • Data Security
  • Fund Distribution
  • Recognized Loss
  • Factoring (finance)
  • Securities Class Action Monitoring
  • Secondary Markets for Class Action Coupons

References

This article is issued from Wikipedia - version of the Friday, December 19, 2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.