| Apr 22 2010 |
| The Garden City Group, Inc.'s Stephen J. Cirami is a Recognized Expert in International Class Actions |
The Garden City Group, Inc's Stephen J. Cirami is a recognized Expert in International Class Actions
MELVILLE, N.Y. - The Garden City Group, Inc. (GCG), one of the largest claims administration firms in the country, is becoming the resource for expertise and services on claims administration and filing in class actions for investors outside the United States.
Stephen J. Cirami, Vice President, East Coast Operations recently completed a tour on the European Union Speaker Circuit regarding Securities Class Action claims administration and claims filing which is increasingly important in the European market as both U.S. and international settlements involving European entities are increasing. In January, Cirami addressed a group of European institutional investors in Frankfurt. More recently, he brought his presentation to audiences in Paris and Zurich at events organized by DRRT, the leader in cross-border investor protection for European institutional investors.
Cirami draws on the extensive experience of GCG where he has been involved with managing all aspects of hundreds of securities settlements including some of the largest securities settlements of all time such as the Tyco International, Royal Ahold, Nortel Networks Corp., Global Crossing and Lucent Technologies Corp.
GCG Chief Executive Officer David Isaac noted that, "Despite our global economy, there remain great discrepancies in knowledge of securities class actions between U.S. investors and those abroad. Even in the more sophisticated institutional investment circles, investors are hungry for a deeper understanding of the intricacies and nuances involved." Stephen's (Cirami) presentation is an in-depth exploration of this topic and leverages both his personal experience and the proven track record of GCG in handling six of the top ten settlements in the history of securities litigation and 32 of the 100 largest securities settlements to date.
About The Garden City Group The Garden City Group, Inc. (www.gardencitygroup.com), a subsidiary of Crawford & Company, administers class action settlements; designs legal notice programs, manages Chapter 11 administrations, and provides expert consultation services.
About Crawford & Company Based in Atlanta, Georgia, Crawford & Company (www.crawfordandcompany.com) is the world's largest independent provider of claims management and related solutions to the risk management and insurance industry as well as self-insured entities, with a global network of more than 700 locations in 63 countries. Major service lines include property and casualty claims management; warranty inspections; integrated claims and medical management for workers' compensation; legal settlement administration, including class action and bankruptcy claims administration; and risk management information services. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.
For more information contact:
Stephanie Caro at 631.470.5169
Stephanie.Caro@gardencitygroup.com
