Each year, on average, $4 billion in securities settlements are made available to eligible securities class action claimants. In the coming decade that number could skyrocket, possibly reaching $100 billion.
For the market maker and the professional trader, recovering such funds is a no-brainer. But unfortunately, the process is a tedious distraction from an already taxing workload. There's the data retrieval, the claim form, and the nagging worry you could be missing some obscure case. This great source of retrieving lost funds is also a mind-numbing drag.