Announcing the launch of FRT Global – International information and research practice

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September 10, 2012

FRT Global Assists Institutional Clients With Complex International Claims Recovery Services

Financial Recovery Technologies LLC (FRT), announces FRT Global, a new information and research practice to complement its existing global class action recovery capabilities and expand its international reach. FRT Global is designed to meet the growing demand for research and analysis on non-US settlement recovery opportunities by providing analysis and facilitation of potential recoveries from non-class action settlements for institutional investors. Watch a video about the service at www.frtservices.com/frtglobal

Financial Recovery Technologies has been serving institutional clients with international class action claims recovery since its inception. In 2010, the U.S. Supreme Court decided in Morrison V. National Australia Bank that international claims must now be filed in the court system in their country of origin. That decision has significantly complicated the landscape of international claims recovery and will likely increase the number of group actions in jurisdictions that utilize a variety of legal mechanisms other than the traditional class action litigation.

“The Morrison decision has dramatically changed the global landscape for claims recovery,” said Robert I. Adler, president of FRT. “Specialized guidance on international filings within each country along with expertise in each country’s distinctly different legal requirements and processes is critical to successful claims settlement.”

FRT Global is a suite of services designed to assist institutional investors in navigating non-class action style group securities litigation. FRT has a team of claims recovery professionals with the insight, relationships and expertise to assist in successful international claims recovery for institutional clients, including:

  • Analyzing trading history for relevant transactions
  • Coordinating with litigation organizers in different countries
  • Supporting processing and submitting of transactions
  • Researching specific case and jurisdiction requirements

Adler continued, “We’ve established a separate, focused practice area to keep our institutional clients informed, educated, and connected to critical resources in relevant international markets. These clients increasingly look to us for our expertise in this emerging global area as they become more aggressive in their fiduciary responsibilities to maximize return for shareholders.”

ABOUT FINANCIAL RECOVERY TECHNOLOGIES
SETTLED  I  NON-US GLOBAL OPT-IN  I  ANTITRUST  I  GLOBAL PASSIVE  I  DIRECT OPT-OUT  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is a leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

 

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.