Fireside Chat: $15.7 Billion. Interested?

State of Securities & Antitrust Class Action Litigation and Impact of Covid-19

Securities class action settlements help investors recoup losses and deter fraud on a market level. There are currently more than $19 Billion in available settlement funds awaiting distribution and a large pipeline of current litigations expected to settle. Investors have to navigate the increased complexities surrounding not only participation, but also identifying the amounts and payouts they are entitled to recover from different sectors, both domestic and international.

Topics of Discussion:

General update and impact of COVID-19 on the courts, new litigations, new settlements and payouts of existing settlements and investor challenges:

  • U.S. Equity Market Cases
  • U.S. Antitrust Cases
  • International Equity Markets Cases
  • International Antitrust Cases 

Presented by Michael McCreesh, CFA, President, Battea Class Action Services, LLC

Michael J. McCreesh, CFA is President at Battea Class Action Services.

Prior to joining Battea, Mr. McCreesh was Managing Director and Global Head of the Client Commission Management business within the Securities Division of Goldman Sachs from 2008 until 2019. He concurrently served as equity co-head of the Multi Asset Platform business from 2014 until 2017. Mr. McCreesh began his 25-year Goldman career working in financial applications within the Controllers Division. He then joined the Securities Division in 1999 to start the soft dollar business and transferred to the Futures business in 2006 to work on the global coordination of that growing business.

Mr. McCreesh has recently fulfilled his term as Chairman of the Board of the St. Baldrick's Foundation, the largest private pediatric cancer research grantor, since 2016. He became involved with the foundation in 2005, leading to joining the board as a director in 2013. St Baldrick’s has raised over $250 Million in research dollars.

Mr. McCreesh is also Co-Founder of TeamBrent, a group dedicated to fighting pediatric cancer, which has raised over $10 Million for research. He is a frequent public speaker on the topic of pediatric cancer research.

Mr. McCreesh earned a BBA from Hofstra University in 1990, an MBA from Hofstra University in 1994 and an Advanced Professional Certificate in Public Accounting from Pace University in 1997. He is also a CFA Charterholder.

Mr. McCreesh is active fitness enthusiast, completing the Boston Marathon four times, in addition to the 2016 Florida Ironman and the 2018 Maryland Ironman.

Mr. McCreesh has been the award recipient for 2007 Best Life Magazine National Father of the Year, 2008 National Fatherhood Initiative, 2008 Hofstra University Alumni Achievement, 2009 Channel 12 Hometown Hero and the 2014 Moffly Magazine “Light A Fire.”

Mr. McCreesh is Series 3,7,9,10,55 and 63 registered.