Patent ID: 7146333

Claim:
A computer-implemented method of automatically creating reports related to potential monetary claims resulting from securities class action lawsuits for securities purchased or acquired by one or more financial entities, the method comprising, for each financial entity: (a) accessing a first database of transaction activity for a financial entity, the transaction activity including: (i) an identification of each security purchased or acquired, and (ii) the date of each purchase, sale and acquisition; (b) accessing a second database of securities class action lawsuits, the second database including pending securities class action lawsuits, the second database including for each lawsuit: (i) an identification of all securities associated with the class action lawsuit, and (ii) the class period of the lawsuit; (c) automatically comparing in a computer the transaction activity of the financial entity with the securities class action lawsuits in the second database; (d) identifying any securities purchased or acquired by the financial entity during the class period that are associated with an entered securities class action lawsuit, wherein the identified securities may provide a potential monetary claim for the financial entity; and (e) automatically creating a report of at least the lawsuits that may provide a potential monetary claim for the financial entity based on the transaction activity of the financial entity.