Susquehanna Financial Group, LLLP Announces Tom Claps in New Role as Litigation Desk Analyst

NEW YORK, May 21, 2012 /PRNewswire/ -- Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer member of the Susquehanna International Group of Companies (SIG), announced today that Tom Claps will take on the newly established role of Litigation Desk Analyst reporting directly to John Larkin, the Head of SFG's Event Driven/ Special Situations Team. Tom is a 17 year legal veteran who spent 13 years as a litigator in Skadden Arps' New York office prior to joining SFG in June 2011.

"Tom will provide detailed analysis of litigations and legal events impacting the investment world, including company exposures and isolating key catalyst and timing events during the course of a litigation," said Art Oswald, SFG's Head of Research Sales. In addition, Tom will also provide "real time" docket review and analysis, and will travel to trials and court hearings to provide "on-the-ground" legal insights.

"We are very excited to add Tom to our desk analyst team as it broadens our scope beyond our existing expertise in risk arbitrage, distressed equity and corporate actions," noted John Larkin. "Tom's new role allows us to add value to our clients in helping them better understand the nuances around complicated legal issues."

"Consistent with the overall architecture of this platform, Tom's new role is a dynamic response to feedback from our clients who have embraced Tom's recent litigation analysis as a highly unique and differentiated resource.  The broad equity investment universe is replete with companies facing litigation and legal issues where Tom's legal background and ability to collaborate with our broad research team can provide valuable insights for our buy-side partners," said Cory Carlesimo, SFG's Head of Equities.

About Susquehanna Financial Group, LLLP

Susquehanna Financial Group, LLLP (SFG), a member of the Susquehanna International Group of Companies (SIG), is an innovator in global finance, servicing the needs of clients worldwide in the areas of sales, fundamental research, and market intelligence. Building upon SIG's command of the options marketplace and its quantitative trading capabilities, SFG has cultivated a robust service offering that provides liquidity, industry-leading insights, and execution services. SIG employs approximately 1,500 individuals located in North America, Europe, Asia, and Australia.

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www.sig.com

SOURCE Susquehanna Financial Group, LLLP