RCB Fund Services LLC

About RCB Fund Services

RFS is a full-service provider of claims administration and distribution services for funds established to assist victims of unlawful conduct, with a particular focus in cases of financial fraud. RFS was founded nearly 25 years ago by Richard C. Breeden, a former Chairman of the U.S. Securities and Exchange Commission (“SEC”) with a sole focus on administering programs on behalf of the government. RFS operates primarily out of our central processing center located in Syracuse, NY; with additional offices in New York, NY, Washington, DC and Lantana, Florida. Mr. Breeden remains involved in our cases, providing a high level of experience and public credibility.

RFS has unrivaled expertise in administering large assets pools on behalf of the SEC or DOJ for the benefit of victims of unlawful conduct under the Bankruptcy Code, the federal securities laws, the Fair Fund for Investors provisions introduced under the Sarbanes-Oxley Act of 2002, and DOJ’s Part 9 Regulations governing the remission of forfeiture proceeds. The RFS team is comprised of professionals with a wide range of expertise in complex claim processing. We have in-house expertise in all areas necessary for a successful administration, including legal, information technology, claims and data analysts, audit review, customer service personnel, and distribution controls. We control every phase of the process from plan design through claim audit and payment. Our personnel have handled many of the largest and most complex asset distributions of the last 20+ years.

Overall, we have distributed nearly $9 billion for the SEC and DOJ in programs involving approximately four million victims located in more than 120 countries. This entailed reviewing more than $170 billion in claimed losses, tracing cash and verifying losses for each applicant. The cornerstone of our approach to each administration is accuracy. The culture of RFS is focused around making certain that we pay the right people the right amount.