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Securities class action opt-outs

Each year, over 100 securities class action suits are filed in the United States resulting in billions of recoveries each year. Some of the largest ...
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Home Depot to face a shareholder derivative lawsuit

A shareholder derivative lawsuit has been filed against Home Depot due to its data breach in 2014. The allegation towards Home Depot’s directors and officers ...
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Thailand’s Class Action Act will be in effect December 8th

Back in April, Thailand passed the Class Action Act, which will be put in effect on December 8, 2015. Prior to this act, Section 53 ...
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FRT provides insight for Ignites article regarding Petrobras securities litigation

Since December, there have been five securities class action suits filed against Petrobras, which were consolidated into one case in March. The alleged corruption involved ...
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Allco class action sparks debate on litigation funding in Australia

The Allco shareholder class action has fueled a big debate about Australian funding system. In the past year, Australia has paid out almost $1 billion ...
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Financial Recovery Technologies announces FRT Direct to help facilitate private actions

Service provides institutional investors information necessary to pursue private litigation This year marks the 20th anniversary since Congress passed the Public Securities Litigation Reform Act ...
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Securities class actions landscape is constantly changing

Cornerstone Research Group’s 2015 mid-year report highlighted interesting trends that previously have not been prevalent in the securities class action landscape. This year, we have ...
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An end to frivolous Canadian securities class action filings

The Supreme Court of Canada set the certification bar higher with its recent decision in Coffin v. Atlantic Power Corp. Following the decision in Theratechnologies ...
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Securities litigation could be brought to Singapore

The Monetary Authority of Singapore and the white-collar crime agency announced that there could be a large securities suit based off an incident from 2014 ...
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Securities suit arises from Toshiba’s accounting scandal

Toshiba has recently been under fire for an accounting scandal representing an overstatement of profit by $1.2 billion. The CEO has resigned as along with ...
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Financial Recovery Technologies Acquires Cypress Settlements

Financial Recovery Technologies, LLC (FRT), a leader in securities class action recovery, today announced the acquisition of Cypress Settlements, a respected competitor in the claim ...
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Private Equity Settlement Breaks the Mold

The $590.5M settlement that disbursed last month for a case against seven firms was not your average run of the mill securities class action scenario ...
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RMBS Cases More Complex than Traditional Class Actions

We’ve seen a flurry of securities class actions settlements lately involving residential mortgage-backed securities (RMBS), holdovers from the financial crisis of 2007-2008. While there are ...
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Australian securities litigation introducing market-based causation

Australian class actions are an established legal mechanism, and with the Federal Courts recent decision, they might become more prevalent. With the recent ruling in ...
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Increased securities class action litigation in the first half of 2015

According to Keving LaCroix of The D&O Diary, the first half of 2015 has been a busy year for securities class action filings. With approximately ...
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FRT names new Senior Vice President of Sales and Marketing

Former Senior Vice President of Sales at Interactive Data brings industry experience to grow market presence Financial Recovery Technologies has hired Mark O’Brien as Senior ...
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Increased involvement of non-U.S. companies in 2015 securities lawsuits

In 2015, there has been a disproportionate increase in securities class action lawsuits involving non-U.S. companies compared to previous years. Of the approximate 82 cases ...
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In Australia, securities class actions are an established legal mechanism

The first securities class action in Australia was filed in 1999 and there have been over 40 filings since the commencement. The most common filings ...
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The importance of understanding securities litigation

The National Association of Pension Funds recently released 'Securities Fraud & Investor Remedies Made Simple Guide', an informational guide about the array of issues that ...
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FRT partners with Innovest to provide securities class action recovery services to clients

Partnership Provides Institutional Investors Access to World-Class Recovery Services Financial Recovery Technologies LLC (FRT) today announced a partnership with Innovest, a provider of next-generation technology ...
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