SOURCE: First International Claims Filing Inc.

First International Claims Filing Inc.

February 07, 2011 08:58 ET

First International Claims Filing Announces the Launch of a New Website

NEW YORK, NY--(Marketwire - February 7, 2011) - First International Claims Filing Inc., a third party claims processing company specialized in US Securities Class Actions, announced today the launch of its new website.

The clients will have access to a weekly updated status of their claims.

First International Claims Filing Inc. enables institutions and investors to identify and recover all monies outstanding from securities litigation processes in the United States. This ensures that they are able to meet the highest standards of corporate governance, and that shareholders and beneficiaries are not financially penalized by an institutions' failure to claim.

First International Claims Filing Inc. analyzes its clients' trading records to determine the most advantageous method of preparing their claims pursuant to the terms of the settlement. The work is done by a team of specialists who individually analyze each client's needs on a settlement by settlement basis, then set up a process in order to meet the demands of each claims administrator in order to optimize the client's recovery.

First International Claims Filing Inc. is able to calculate the recognized loss of each claim filed, to meet with the Claims Administrator and compare the amount recovered on each claim with the allocation plan of each settlement in order to check that the settlement amount received by the investor is correct.

First International Claims Filing Inc. has been the first to educate the French & Belgian asset management industry since 2006 about US Securities Class Actions. First International Claims Filing Inc. has organized conferences with asset managers globally managing assets of more than $5 Trillion. We understand every aspect of data acquisition, i.e. the intricacies of securities and their derivatives.