Blog

Massive $1.3 billion settlement under Dutch collective procedure

Recently, a $1.3 billion settlement was reached under the Dutch collective procedure resulting from the 2008 global financial crisis. Fortis, a global banking company who ...
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Canadian Supreme Court decisions affect securities class actions

Despite the uptick last year in securities class actions in the U.S., Canadian securities class actions filings were down. Last year saw the lowest level ...
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Spanish Collective Action organized against Bankia

Spanish investors filed a collective action against the troubled Spanish banking company Bankia. The action is brought on their stock float in 2012 and so ...
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Merck & Co. reaches $1 billion settlement, in top 15 securities class actions of all time

A securities class action lawsuit against Merck & Co. settled for a total of $1 billion, with $830 million to be paid out to investors ...
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Allen Partners and Financial Recovery Technologies to Provide Corporate Governance Solutions to Securities Litigation for Australia and New Zealand Investors

SYDNEY, AUSTRALIA and BOSTON, MASS (March 2, 2016) – Allen Partners and Financial Recovery Technologies (FRT) have partnered to help Australian and New Zealand investment ...
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Enhancements to Litigation Monitoring Client Portal Provides Richer User Experience

FRT is proud to announce the release of enhancements to our Litigation Monitoring Portal! This release is the result of client feedback with the focus ...
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Deutsche Bank to face $3.1 billion residential mortgage backed securities lawsuit

Since the 2008 financial crisis, residential mortgage backed securities lawsuits continue to arise against top financial banks. In the most recently filed litigation, Deutsche Bank ...
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Algorithmic Trading Is a Huge, Ticking Litigation Bomb, FRT Tells Real Money

Of all the trading conducted on world stock exchanges, about half is carried out through algorithmic trading. Considering the sheer volume of algorithmic trading that ...
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Four Factors to Weigh Before ‘Opting Out’ of Class Actions

According to FRT’s Counsel of Securities Litigation, Mike Lange, we are in a new era of shareholder activism. Mike recently sat down with Beagan Wilcox ...
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Securities class action trends in 2015

2015 was a big year for securities class actions and marks the highest annual filings since 2008 with a total of 191. 186 of the ...
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Financial Recovery Technologies releases enhanced platform for class action filing & recovery

BOSTON, MASS (February 2, 2016) – Financial Recovery Technologies, LLC (FRT) has released an enhanced securities class action system to provide institutional investors unprecedented transparency into ...
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Enhanced Client Portal Empowers Clients’ Securities Class Action Operations

FRT is proud to announce the launch of the Eligibility, Filing, & Recovery Portal (EFR Portal) for clients to better monitor and effectively seize opportunities ...
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Securities suits against foreign companies continued to rise in 2015

2015 has closed but a trend last year, which we previously mentioned here, is expected to continue throughout 2016. In 2015, there were 34 securities suits ...
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Vale S.A. securities suit upholds securities class action trends

As previously stated here, another securities lawsuit has been brought to a non-U.S. company whose shares are traded on a U.S. exchange. This new suit ...
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Direct litigation actions against Petrobras soar, FRT tells Ignites.

The high profile Petrobras case has received over 50 investors who have chosen to opt-out and pursue direct litigation. In years past, this would be ...
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Will New Zealand follow Australia in adopting U.S. style class actions

New Zealand has been experiencing an increase in class actions taking place with at least 10 filings in the past year. It is also worth ...
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IPO related securities class action suits are on the rise

With 2015 coming to a close, a much anticipated trend is occurring. The number of IPO-related securities class actions has increased from 17 filings in ...
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Antitrust class action suit brought to the U.S. for interest rate swap fixing

An antitrust class action lawsuit was filed against ten of the largest U.S. banks alleging they colluded to fix interest rate swaps. This suit alleges ...
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FRT is proud to announce its sponsorship of the Expect Miracles Foundation

FRT is proud to announce its sponsorship of the Expect Miracles Foundation.  The foundation began in 1995 and has raised over $12 million for the ...
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Merger & Acquisition filings in Delaware are in the decline

The Delaware Court of Chancery has recently received scrutiny considering merger objection lawsuits are filed in over 95% of mergers & acquisitions. In reaction, there ...
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