SCOPE OF SERVICES/CASE HANDLING Clause Samples
The Scope of Services/Case Handling clause defines the specific tasks, responsibilities, and boundaries of work that a service provider or legal representative will perform for a client. It typically outlines which services are included, such as legal advice, document preparation, or court representation, and may also clarify what is excluded from the agreement. By clearly delineating the extent of services, this clause helps manage client expectations and prevents disputes over unanticipated work or responsibilities.
SCOPE OF SERVICES/CASE HANDLING. A. Upon execution by GPM, attorneys are retained to provide legal services for the purpose of seeking damages and other relief in the Litigation. Client provides authorization to seek appointment as Lead Plaintiff in the class action, while the Attorneys will seek to be appointed Class Counsel. If this occurs, the Litigation will be prosecuted as a class action.
B. If you obtain access to non-public information during the pendency of the Litigation, you must not engage in transactions in securities.
C. Attorneys are authorized to prosecute the Litigation. The appointed Lead Plaintiffs will monitor, review and participate with counsel in the prosecution of the Litigation. The Attorneys shall consult with the appointed Lead Plaintiffs concerning all major substantive matters related to the Litigation, including, but not limited to, the complaint, dispositive motions and settlement. Because of potential differences of opinion between Clients concerning, among other things, strategy, goals and objectives of the Litigation, the Attorneys shall consult with the appointed Lead Plaintiffs as to the courses of action to pursue. The Client agrees to abide by the decisions of the appointed Lead Plaintiffs, which shall be final and binding on all Clients.
D. GPM is given the authority to opt the Client out of any class action proceeding relating to the claims authorized herein and/or pursue the Client claim individually in a group action, if the Client is not appointed Lead Plaintiff and GPM is not appointed Class Counsel.
E. The Attorneys shall provide sufficient resources, including attorney time and capital for payment of costs and expenses, to vigorously prosecute the Litigation.
F. Any recovery from defendants that the Attorneys are responsible for will be divided among class members based on the recognized loss by each class member as calculated by a damage allocation plan which will be prepared by a financial expert or consultant, provided to the appointed Lead Plaintiffs, be subject to the Court's approval and will account for such factors as size of securities ownership, date of purchase, date of sale and continued holdings, if any. Under the rules governing class action litigation, while the Lead Plaintiffs recover according to the same formula as other class members, the Court may approve, upon application therefore, reimbursement of the Lead Plaintiffs’ reasonable costs and expenses directly related to the representation of the class. Examples are lost wag...
SCOPE OF SERVICES/CASE HANDLING. A. The Firms are retained to provide legal services for the purpose of: (i) commencing the Litigation with the filing of a complaint which raises federal securities law claims relating to Client’s purchase or acquisition of common stock of the Company and seeking to have the Client lead the putative class and/or appointed Class Representative in the Litigation as well as the appointment of AF&T (along with other counsel with which it may associate) as Lead Class Counsel or Co-Lead Class Counsel; and (ii) prosecuting the Litigation to recover damages and any other appropriate relief.
B. Client agrees to monitor, review and participate with counsel in the prosecution of the Litigation. The Firms shall consult with Client concerning all major substantive matters related to the Litigation, including, but not limited to, the complaint(s), dispositive motions, and settlement.
C. The Firms shall provide sufficient resources, including attorney time and capital for payment of costs and expenses to vigorously prosecute the Litigation.