Class Action Administration Services:
Settlement Fund Administration

Settlement Fund Administration Services Include:

  • Calculation of settlement amounts, including tax withholdings and liability
  • Establishment and maintenance of Qualified Settlement Fund (QSF)
  • Establishment and maintenance of Settlement Account through a federally insured bank
  • Issuance of settlement checks, W2ís. and 1099ís
  • Monthly bank reconciliation
  • Handling of all payments and reporting to state and federal authorities (i.e. IRS)