Battea Class Action Services has named Michael J. McCreesh as president. McCreesh is a former managing director at Goldman Sachs. Based in Stamford, Connecticut, Battea is a provider of action antitrust and securities litigation recovery services, international litigation research and monitoring to more than 800 institutional investors, banks and hedge funds.
STAMFORD, Conn.–(BUSINESS WIRE)–Battea Class Action Services, LLC, the global leading expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring to more than 800 institutional investors, banks and hedge funds, today announced it has expanded its leadership group with the appointment of Michael J. McCreesh, CFA, as the Company’s President, reporting directly to the Chairman of the Board, Peter K. Hansen.
Mr. McCreesh comes to Battea after 25 years with Goldman Sachs, where he built a sterling reputation as a hands-on Managing Director within the Securities Division. At Goldman Sachs, Mr. McCreesh, amongst other responsibilities, led the Global Client Commission Management business within the Securities Division and served as global expert on the MiFID unbundling strategy.
With the explosion in complex anti-trust, international litigation and securities litigation in general, Battea in the past several years has made a significant investment in developing a high performance infrastructure and has hired an additional squadron of trading, transaction and data security technologists, former claims administrators, seasoned financial industry experts, securities litigation analysts and econometric experts. The Company has been extremely thoughtful about adding people with the right FX, derivatives and equity financial market expertise to support its stated ambition of providing best-in-class services to its institutional clients.
“At this point, we are not just reacting to what is happening in the market, we are out in front leading our sector in setting new standards for investor recovery in antitrust and securities litigation. We are very confident that Mike is the right fit for Battea in terms of his proven leadership skills and commitment to prioritizing our stated goal of implementing maximum client recovery capabilities, new products and delivering them at the highest customer service level in the industry,” said Mr. Hansen.
“I am very impressed with the Battea team members’ collective history of Wall Street trading automation talent as well as its collaborative atmosphere of emphasizing teamwork with clients. It is clear, the team is rigorous and honest in its commitment to getting it right and putting clients’ results and services first. This aligns well with my experience and idea of sound core values needed for building success. I believe I can make a significant and disciplined contribution to driving the company’s growth and provide steadfast leadership in support of its outstanding delivery of customer service,” Mr. McCreesh said.
Battea is a successfully growing company and, as a part of its continued expert and leadership expansion program, is expected to attract and add additional talented members to its team in the near future.
Mr. McCreesh has recently fulfilled his term as Chairman of the Board of Directors for the St. Baldrick’s Foundation, the largest private pediatric cancer fundraiser in the world, and is the Co-Founder of TeamBrent, which has raised close to $10 million to fight childhood cancer.
About Battea Class Action Services, LLC:
Battea Class Action Services, LLC is a global leader and expert in all stages of asserting and processing settlement claims in connection with antitrust and securities litigation. The company has been a leader in the space for nearly 20 years, serving more than 800 institutions around the world, including many of the world’s largest banks, hedge funds, asset managers and buy-side investors. The landscape for U.S. class actions, international securities litigation and securities centered anti-trust litigation has evolved rapidly around the globe. With deep roots in the claims filing and financial technology sectors and its global presence, Battea is optimally positioned to help clients navigate the increasingly complex process of obtaining trustworthy information about litigation that impacts their investments and businesses. The combined experience of the Battea team is unrivaled among industry peers and brought to bear for our clients, guiding them through the entire cycle of the litigation and settlement process. Battea’s expertise is simply unmatched.