
Practical Computer Applications
49 Case Studies
A Practical Computer Applications Case Study
RCB Fund Services — Richard C. Breeden, Chairman of the US Securities and Exchange Commission from 1989 to 1993 — was appointed by the SEC and US Department of Justice (DOJ) to oversee institutional and individual investor fraud claims against many of the largest securities fraud and class action cases in US history. PCA was engaged by RCB Fund Services to design and develop the securities fraud claims administration and payment systems for WorldCom, Adelphia, Royal Dutch Shell, and Enron Victim Trust Funds, in accordance with the Fair Funds for Investors provision of the Sarbanes-Oxley Act of 2002. Unique aspects of the systems include complex fraud calculations, bar-code based high volume document scanning and management, and offset printing service bureau integration.