Have you ever received a letter in the mail telling you that you are eligible for a class action lawsuit, potentially due to a purchase you made? You might be wondering why you are receiving these cryptic mass messages and what they mean…
In this episode, Thom Guidi, CFA, explores the world of Class Action Litigation, shedding light on its vital components. Thom explains how class action suits are initiated and who usually starts the process. By drawing from real-world examples like the Enron scandal, where shareholders were defrauded, Thom offers invaluable insights into the intricate workings of class action litigation and its far-reaching implications for investors.
Thom shares more about:
- What class action litigation suits are
- How Foster & Motley manages this process for clients
- The method of identifying potential plaintiffs for the case
- And more
Connect With Thom:
About Our Guest:
Thom Guidi often gets pulled into conversations and situations that involve technology and innovation. With a deep appreciation for and understanding of those topics, Thom is the ideal practical and nuanced thinker in a variety of scenarios. It might be his love for delving into complex topics, the fact that he grew up surrounded by engineers, or a mix of the two, that made him this way, but throughout his almost 20-year career in the finance industry, he has continually been looking for new problems to solve and innovative ways to apply his knowledge.
Thom graduated from the University of Kentucky with a Bachelor of Business Administration degree in Finance and was also a member of the varsity swim team. He then moved back to his native Northern Kentucky to begin his career working with Fidelity Investments. He was in a variety of sales and advisory positions before he joined Foster & Motley in 2005 as a Securities Trader. In 2006, he earned his Chartered Financial Analyst (CFA®) designation and became an Investment Manager at the firm. He is also a shareholder and remains integral to much of the innovation and new technology that the firm implements.
Having worked in both a large and now a smaller, client-focused firm, Thom knows that in day-to-day interactions with clients, innovation and forward-thinking can still be applied as he works to help them build and execute on their aspirations. His innovative spirit has been recognized in many ways, including as a guest on WVXU's “On the Money” and in profiles in the Greater Cincinnati Business Courier, and the Wall Street Journal.
Thom also stays busy with his family, which includes his wife Beth, and their two young sons, Evan and Nathan. He continued his swimming career following his collegiate days in UK and has done triathlons in the past. Thom has always approached his career and partnership with clients with the same kind of dedication and deliberation that being a swimmer or runner requires and is looking forward to what the next innovation or breakthrough brings.