Class Action Lawsuit Processing

Expertly processed. Built for accuracy and efficiency.

In the past few years, securities class action lawsuits have been filed at a record pace. We expect the frequency of claims to continue or even increase. Responding to our clients’ requests for a solution, Salem Trust researched and negotiated a partnership with a specialized class action services provider. Just as a class action provides a cost-effective solution for an investor unlikely to file a single participant claim, specialists in class action processing might be able to provide the best value for pursuing those claims.

Our solution for class action processing creates and monitors separately managed accounts for any eligible investments, requiring no client intervention. Our partner provides you with an online claims tracking tool and collects a fee only when you are awarded a settlement. There is no charge by, or compensation to, Salem Trust for this service.

Being an asset custodian means being an attentive partner—one who seeks to help you safeguard your assets and prudently manage your expenses.

Salem Trust’s Value-added Services

Benefit Payments

Salem Trust has never missed an authorized and verified benefit payment to any retiree. Even while issuing more than 80,000 monthly benefits and 1,500 one-time (lump-sum) payments each year, neither hurricanes nor snowstorms have prevented us from fulfilling our trusted duty. In fact, 99.99% of monthly benefit payments are received on the first payment date of the month…

Learn More

Invoice Payments

Many of our clients take advantage of Salem Trust’s ability to pay invoices directly from their accounts. Invoice payment service helps clients manage expenses and operate more smoothly. Clients also gain the extra control of Salem Trust reviewing and paying only properly authorized expenses. Invoice payment features include...

Learn More

Global Tax Reclamation

Since approximately 70% of worldwide dividends come from non-U.S. companies, it is likely that some portion of your investment portfolio is in global investments. Did you know that the country of origin for a security is the country that levies and collects taxes on the investment income of that security? Did you know that most pension plans are entitled to file a reclamation of all, or a portion of, foreign taxes?

Learn More

Class Action Lawsuit Process

In the past few years, securities class action lawsuits have been filed at a record pace. We expect that the frequency of claims will continue or increase. Responding to our clients’ requests for a solution, Salem Trust researched and negotiated a partnership with a specialized class action services provider...

Learn More

Start-up Plan Service

We help small and start-up pension plans get off the ground with a streamlined package of services. Designed for small plans using only ETFs and mutual funds, Salem Trust’s savings will help the plan be cost-effective...

Learn More

Annual Verification Letter

In addition to reviewing databases and providing a monthly report of deceased retirees, some clients also opt for positive verification of plan participants.

Salem Trust provides a turnkey service that reduces the possibility of fraud while safeguarding the special connection between the plan sponsor and the retired service employee...

Learn More

Connect with Salem Trust

An Authentic Difference® happens when clients are treated with real service.