Epiq Welcomes Tom Davis as New Chief of Staff to Enhance Services

Author: Lucas Young Updated: 09-18-2024 01:30 PM

Epiq Welcomes Tom Davis as Chief of Staff to Strengthen Operations

New York has exciting news with the recent announcement that Epiq has appointed Tom Davis as its Chief of Staff. This strategic addition focuses on enhancing their Class Action, Remediation, and Mass Tort business unit, further solidifying Epiq's commitment to delivering top-notch services to its clients.

A Seasoned Professional Joins the Team

Tom Davis comes to Epiq with an impressive background, most notably serving in key roles in operations and fraud prevention. Before joining Epiq, he was the vice president of operations at Garden City Group, an industry leader known for managing class action settlements. The company was acquired by Epiq in 2018, which brought a significant shift to its operations and capabilities in the legal services market.

Leadership Insights on Tom's Role

In his new position, Tom will report directly to Epiq Class Action President, Nicole Hamann. She expressed, "Tom is a known and respected quantity in our market." His extensive experience in compliance and fraud prevention is expected to significantly enhance Epiq's leadership and its endeavors in class actions, remediation, and mass torts.

Extensive Expertise in Fraud Prevention

He holds a wealth of knowledge in identifying and mitigating financial crimes, as well as ensuring regulatory compliance. As a licensed attorney for nearly three decades, he has also been a certified fraud examiner since 2002. Additionally, his background includes pivotal roles at major organizations such as IBM and KPMG, where he honed his expertise in legal compliance and investigation.

The Growing Importance of Fraud Prevention in Class Actions

Addressing the significant issue of fraud in class actions, Davis noted, "Fraud prevention is crucial in the class action world." He emphasized the need to protect legitimate claimants from fraudulent activities aimed at exploiting the system. With increasing numbers of fraudulent claims being submitted, the expertise he brings is timely and essential.

Epiq's Commitment to Anti-Fraud Technology

Earlier this year, Epiq introduced EpiqShield™, an innovative approach designed to combat fraudulent claims in class actions. This system leverages advanced technology and data analytics to identify suspicious activities, ensuring that clients can confidently process valid claims without jeopardizing their settlements. The integration of such technologies demonstrates Epiq's dedication to remaining at the forefront of the legal services industry.

About Epiq

Epiq is a global leader in technology-enabled services for the legal sector, dealing with complex tasks efficiently. The company is heavily relied upon by corporate counsel and law firms to manage everything from class actions to eDiscovery processes. Epiq’s team of specialists continually works on streamlining operations and offering unparalleled support to their high-performing clients.

Frequently Asked Questions

What role has Tom Davis taken on at Epiq?

Tom Davis has been appointed as the Chief of Staff at Epiq, overseeing its Class Action, Remediation, and Mass Tort business unit.

What is Tom Davis’s background?

He has extensive experience in operations, fraud prevention, and compliance within notable organizations, and has a strong legal background.

What is EpiqShield™?

EpiqShield™ is a preventive measure introduced by Epiq to enhance fraud detection and ensure valid class action claims are honored.

Why is fraud prevention important in class actions?

Fraud prevention is critical in class action cases to protect legitimate claimants from fraudulent submissions that could undermine their legal rights.

What services does Epiq provide?

Epiq offers a variety of services, including class action management, mass tort processing, eDiscovery, regulatory compliance, and legal support.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.