International Securities Associations and Foundations Management Company (ISAF) is a service company exclusively focused on the evaluation and execution of securities litigation outside of the United States. ISAF provides management for and funding of collective redress shareholder associations and foundations where these legal protections exist in non-U.S. jurisdictions. The ISAF management team is comprised of experts in capital market and trading financial technology, securities litigation claims filing, and investment and trade analysis.
For each legal action that ISAF organizes and provides funding, ISAF hires local law firms, experts and vendors critical to the venture’s success. ISAF negotiates with all third parties to provide the most efficient vehicle for investors to pursue these legal claims. ISAF also finances any court fees, “Loser Pays” insurance, and/or bond requirements so that damaged investors pursuing claims in ISAF-managed legal actions may do so with no contingent financial liability to the individual claimant in the ISAF group. If a particular legal action results in a successful judgement or settlement, ISAF will process all claims and distribute recovery funds pro rata to damaged investors who have joined the ISAF-managed group. ISAF provides these management services on a “no-cure, no-pay” basis (a “success” or “contingency” fee agreed between ISAF and the damaged investor when the investor joins the ISAF-managed legal action).