KCC Offers Escrow Services for Class Action Settlements That Provide Favorable Interest Rates on FDIC-Insured Funds

NOVATO, Calif., Feb. 15, 2012 /PRNewswire/ -- KCC, a Computershare company and premier provider of administrative-support services for the legal and financial industries, announced today that it offers complete Escrow Services related to class action settlement funds, through its affiliate Computershare Trust Company, N.A. (Computershare).

KCC has experience in holding and distributing funds on behalf of clients and has acted as the escrow agent for numerous litigation settlements and related matters. The Escrow Service team has distributed $250 billion in cash and manages $1.5–$3.0 billion in daily deposits. Utilizing KCC's services allows for seamless administration support, favorable interest rates, secured investment options and exclusive banking partnerships.

"We offer a variety of investment options for funds, including government-backed investment vehicles with interest rates that compare favorably with current market rates," said James Le, KCC's executive vice president of Class Action Services. "All escrowed funds are invested in FDIC–insured accounts, secured by the full faith and credit of the United States Government and generate a greater return on investment."

KCC partners with A-rated financial institutions that have a Tier 1 capital structure of more than $1 billion. Exclusive banking partnerships and the synergies created by being a full-service escrow agent and class action settlement administrator affords clients financial security as well as a cost-efficient solution.

About KCC

KCC www.kccllc.com, a Computershare company, provides administrative-support services that help legal professionals realize time and cost efficiencies. With an integrated suite of corporate restructuring, class action and legal document management solutions, KCC alleviates the administrative challenges of today's legal processes and procedures. KCC has gained client and industry recognition for its industry expertise, professional-level client service and proprietary technologies.

About Computershare Limited (CPU)

Computershare (ASX:CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialize in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.

Founded in 1978, Computershare is renowned for its expertise in data management, high volume transaction processing, payments and stakeholder engagement. Many of the world's leading organizations use these core competencies to help maximize the value of relationships with their investors, employees, creditors, members and customers.

Computershare is represented in all major financial markets and has over 10,000 employees worldwide. For more information, visit www.computershare.com.

For more information, please contact:
Rachel Martin
KCC
310-751-1817
[email protected]
twitter.com/KCC_classaction

SOURCE KCC

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