New Actions

NewActionsPortfolio Guard monitors the fund’s holdings in real time, and it is updated whenever a new case is filed against an issuer in which your fund has a financial interest. By visiting the New Actions link, the fund’s designated users are able to access a case summary, along with relevant documents, including the complaint and court docket. Importantly, Portfolio Guard identifies the fund’s financial interest in the new action, and lists each trade that occurred during the relevant period.

When losses resulting from corporate malfeasance cross a certain threshold, as predetermined by each fund, Girard Gibbs’ Securities Litigation Team will then advise the fund on the merits of a potential class or direct action to recover the loss.