Report generator for allowing a financial entity to monitor securities class action lawsuits and potential monetary claims resulting therefrom

Abstract

Reports are automatically created of securities class action lawsuits customized to show potential monetary claims resulting from the lawsuits for securities purchased or acquired by one or more financial entities.

1 . A computer-implemented method for creating reports of noteworthy securities class action lawsuits customized to show potential monetary claims resulting from the lawsuits for securities purchased or acquired by one or more financial entities, the method comprising:
 (a) maintaining a database of securities class action lawsuits, the lawsuit database including a subset of lawsuits that are deemed to be noteworthy by the entity that administers the system, and for each financial entity;   (b) maintaining a database that stores a plurality of loss charts, each loss chart being related to a particular security for a particular financial entity and being assigned a unique identifier;   (c) automatically comparing, by a processor, transaction activity of a financial entity with records in the database subset of securities class action lawsuits to identify any securities purchased or acquired by the financial entity that are associated with a securities class action lawsuit in the lawsuit database and which may provide a potential monetary claim for the financial entity;   (d) automatically creating, by the processor, a report of the noteworthy lawsuits, and for the lawsuits that were identified in step (b) and which are deemed to be noteworthy, including in the report the potential monetary claim for the financial entity based on the transaction activity of the financial entity;   (e) inputting the unique identifier of a loss chart directly from an electronic display of the report via a selection process presented on a user interface display; and   (f) retrieving the inputted loss chart from the database and presenting the loss chart on the user interface display.