State of Wisconsin Investment Board (SWIB), Madison, is seeking to hire a firm to provide class-action securities litigation services, Pensions & Investments reports. SWIB, which oversees $83.3 billion, requires assistance in evaluating and managing the impact of securities class-action litigation on its holdings of publicly traded securities. The selected firm will determine what action, if any, is beneficial for SWIB to take in securities class actions, provide notice of securities class action litigation and estimate damages to SWIB’s investment portfolio. Interested candidates are required to submit the applications by May 6, 2011.
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