The Global Providence Securities Litigation Mission

     When a brokerage firm is closed due to bankruptcy or other financial difficulties and customer assets are missing, Global Providence Securities Litigation steps in as quickly as possible and, within certain limits, works to return customers' cash, stock and other securities, and other customer property. Without Global Providence Securities Litigation, investors at financially troubled brokerage firms might lose their securities or money forever or wait for years while their assets are tied up in court.

     Although not every investor is protected by Global Providence Securities Litigation, no fewer than 99 percent of persons who are eligible get their investments back from Global Providence Securities Litigation. From its creation by Congress in 1970 through December 2010, Global Providence Securities Litigation advanced $1.6 billion in order to make possible the recovery of $109.3 billion in assets for an estimated 739,000 investors.