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Class-Actions Suit Claims: Are You Leaving Money On The Table?
August 26, 2025

Recently on the Manhatten Alternative Investment Network podcast, Jim Tharin, CEO of Chicago Clearing Corporation (CCC), discusses the often overlooked world of class action claim filing. From securities and antitrust cases to consumer class actions, Jim shares how RIAs, advisors and hedge funds may be missing out on significant recoveries by not actively participating in these settlements and how CCC can help. Tharin also talks through how to identify eligible claims, streamline the filing process and ensure your clients and your firm are recovering every dollar owed. The discussion is facilitated by Robert Akeson, a managing director at Riverside Management Group and president of the Manhattan Alternative Investment Network. 

 

Written By: Kerri Angel

I could go on and on, but bottom line, the fees being charged are much less than what I was spending in house to file and this is just one less thing I have to spend time trying to figure out how to complete on a consistent basis. Dealing with the CCC staff has been a very positive thing.

- National Bank

We were spending countless hours on class action claims before we signed on with CCC in January. Matt Murray and their technical team ensured our data transmission was seamless and secure. We found everyone at CCC to be professional, courteous, and accommodating.

- Savings Bank

Signing with CCC has made a huge difference. Before, it was horrible. We had to print thousands of pieces of paper, invite clients to come in and sit down with us to show them where to find the transactions, how to input them into the Proof of Claim forms. Now it's simple. It’s very nice to be able to tell our client, “You can shred that Proof of Claim form because CCC has it taken care of.

- Registered Investment Advisor

Your client reporting portal and customer service is the reason we chose Chicago Clearing. I send the data on an annual basis to CCC and they take it from there. My clients are protected (if there is a class action, it is getting filed), the Bank is protected (we are meeting our fiduciary obligation by filing the claims).

- Bank

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