With fiduciary responsibility comes, alas, the fiduciary hassle of securities class action claims filing. Notices pile up and clients call, (again and again) asking, "Are you filing in the XYZ litigation?" Often you haven't heard of the litigation. You think the custodian is filing, but you are not sure. Then the clients call about the ABC litigation, the DEF litigation, and the Bank of America litigation. (OK, the last one was real.)
Hiring CCC to oversee securities class action claim filing eliminates the hassle and the wonder. You and your clients will know that their damaged transactions will always be filed on time, and that there will be someone to steward their claim until the date of distribution and beyond.