Blog

Will arbitration replace class actions in investor disputes?

Recently, the Consumer Financial Protection Bureau has been trying to implement mandatory arbitration of individuals against businesses rather than allowing class actions. When signing up ...
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Rise in securities class actions against U.S.-listed Chinese firms

Within the past couple years, we have witnessed an on gong trend of securities class actions against Chinese firms listed on the U.S. market. Even ...
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Are merger and acquisition objection lawsuits coming to a close?

Over 90% of all M&A cases result in a securities lawsuit, and the Delaware Court of Chancery seems to be giving more scrutiny towards these cases ...
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FRT contributes to Hedge Funds Care’s 10th annual Open Your Heart Benefit in Boston

FRT was proud to sponsor last night’s Hedge Funds Care event at the Royale in Boston. Hedge Funds Care is a non-profit whose mission is ...
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Morrison v The National Australia Bank still impacts foreign law claims

Recently, federal courts addressed an arising question in the securities litigation suit, Kaynes v BP, PLC, dismissing the law suits brought by Canadian investors who ...
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Activity by European institutions in U.S. class actions increases

Activity of European institutions in U.S. securities class action suits is increasing.  Most institutions are unaware of the money they are eligible to recover by ...
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Securities investigation over the Dell Inc. acquisition over EMC Corporation

An investigation regarding Dell’s acquisition of EMC was launched by a law firm representing EMC shareholders in class action litigation, although no suit has been ...
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U.K. adopting U.S. style of class actions

In the U.K., the Consumer Rights Act of 2015 goes into effect October 1st. The scope of collective actions, referred to as class actions in ...
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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 settlements include Enron, ...
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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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