Specifications include, but are not limited to: • Monitoring SFERS’s investment portfolio to identify any losses that may have occurred as a result of a violation or potential violation of federal or state securities or other laws, or a potential breach of any duty owed SFERS, and notify the Office, in a timely manner, of such cases where SFERS has a financial interest. • Using internal and external resources to identify, evaluate and monitor securities and other litigation in which SFERS has an interest. • Advising the Office of situations where litigation or arbitration may be warranted in a matter, including an assessment of likely outcome, whether SFERS should remain in the plaintiff class or opt out, various deadlines that affect SFERS’s rights, and other factors, as appropriate, that enable the Office and SFERS to make an informed decision on how to proceed. • Identifying, monitoring, evaluating and reporting to the Office on U.S. and international litigation that impacts SFERS’s portfolio. • Regular reporting to the Office, which includes at least the following information: o Identifying newly filed securities or other litigation cases or arbitrations in which SFERS has losses or a financial interest, including the estimated value of the losses. o Identifying class action settlements and upcoming proof of claim deadlines for those cases in which SFERS has a financial interest. o Providing legal analysis and a calculation of losses in cases where the loss or potential loss is significant enough that SFERS may consider joining the litigation or taking an active role under its Securities Litigation Policy, a copy of which is attached to this RFQ as Appendix C. • Being responsive and available on an as-needed basis to confer and provide recommendations to the Office and SFERS on newly filed, pending, and recently settled securities litigation or other cases in which SFERS has a financial interest.
