Epiq Welcomes Tom Davis as Chief of Staff to Strengthen Operations
Exciting news is coming out of New York! Epiq has recently announced the appointment of Tom Davis as its new Chief of Staff. This strategic move aims to enhance operations within the Class Action, Remediation, and Mass Tort business unit, reinforcing Epiq's commitment to providing exceptional services to its clients.
A Seasoned Professional Joins the Team
Tom Davis brings a wealth of experience to Epiq, having held significant roles in operations and fraud prevention. Prior to this, he served as the vice president of operations at Garden City Group, a leading company in managing class action settlements. This organization was acquired by Epiq in 2018, marking a pivotal change in Epiq's operations within the legal services landscape.
Leadership Insights on Tom's Role
In his new role, Tom will report directly to Nicole Hamann, Epiq's Class Action President. Nicole shared, "Tom is a known and respected quantity in our market." With his extensive background in compliance and fraud prevention, Tom is poised to significantly strengthen Epiq's leadership in class actions, remediation efforts, and mass tort issues.
Extensive Expertise in Fraud Prevention
Tom possesses deep knowledge in detecting and preventing financial crimes while ensuring compliance with regulatory standards. He has been a licensed attorney for nearly thirty years and has held the title of certified fraud examiner since 2002. His experience also includes key roles at major firms like IBM and KPMG, where he further developed his skills in legal compliance and investigation.
The Growing Importance of Fraud Prevention in Class Actions
When it comes to fraud in class actions, Davis recognizes the critical nature of prevention, saying, "Fraud prevention is crucial in the class action world." He highlighted the importance of safeguarding legitimate claimants from fraudulent activities that aim to take advantage of the legal system. As the number of fraudulent claims continues to rise, Tom's expertise is both timely and essential.
Epiq's Commitment to Anti-Fraud Technology
This year, Epiq launched EpiqShield™, an innovative system designed to tackle fraudulent claims in class actions. Utilizing advanced technology and data analytics, EpiqShield™ aims to detect suspicious activities, allowing clients to process valid claims confidently while protecting their settlements. This grounding in technology illustrates Epiq's dedication to staying at the leading edge of the legal services industry.
About Epiq
Epiq is recognized as a global leader in technology-driven services for the legal sector, adept at efficiently handling complex tasks. Corporate counsel and law firms depend on Epiq for support with everything from class actions to eDiscovery processes. Their team of specialists continually strives to streamline operations and deliver unparalleled support to their high-performing clients.
Frequently Asked Questions
What role has Tom Davis taken on at Epiq?
Tom Davis has been appointed Chief of Staff at Epiq, overseeing the Class Action, Remediation, and Mass Tort business unit.
What is Tom Davis’s background?
Tom brings extensive experience in operations and fraud prevention, with a strong legal background from notable organizations.
What is EpiqShield™?
EpiqShield™ is a system introduced by Epiq to improve fraud detection and ensure that only valid class action claims are processed.
Why is fraud prevention important in class actions?
Fraud prevention is essential in class actions to protect the rights of legitimate claimants and to prevent fraudulent submissions that could compromise their cases.
What services does Epiq provide?
Epiq offers various services, including class action management, processing of mass torts, eDiscovery, regulatory compliance, and legal support.
