What is 11thEstate?
11thEstate is an innovative platform designed to help investors recover funds from securities class action settlements, shareholder compensations, and SEC Fair Funds. The service connects to investor accounts through brokers, custodians, or portfolio reporting systems to automatically scan for eligible claims. Using advanced technology, it matches and files claims on behalf of investors, ensuring they receive payouts via direct deposit without manual effort.
The platform addresses the issue of investors leaving billions of dollars unclaimed due to lack of awareness or complexity in the claims process. By automating the entire workflow, 11thEstate simplifies access to settlements, making it as seamless as receiving dividends. It has processed over $250 million in claims with a 100% acceptance rate, serving more than 100,000 investors.
Features
- Automatic Claim Scanning: Engine scans, matches, and files claims for all eligible funds from connected accounts
- Direct Payouts: Investors receive all payouts via direct deposit without manual intervention
- High Acceptance Rate: Maintains a 100% claim acceptance rate for processed claims
- Large-Scale Processing: Has processed over $250 million in claims for more than 100,000 investors
Use Cases
- Recovering unclaimed funds from securities class action settlements
- Automating shareholder compensation claims for individual investors
- Processing SEC Fair Funds distributions for eligible accounts
- Streamlining claim filings for institutional investors with multiple portfolios
