Tag Archives: Filing

Dismissal of Omnicare class action establishes guideline for when corporate misstatements are made
The U.S. Appeals Court for the Sixth Circuit has dismissed a proposed securities fraud class action against Omnicare, Inc., making clear when a corporation will be deemed to have knowingly made misstatements. In their litigation, shareholders claimed Omnicare, a pharmaceutical care provider, and several of its executives committed securities fraud by making misrepresentations about the company’s compliance with Medicare and Medicaid regulations. Continue Reading...
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Customer Service Success: FRT Identifies Claims Administrator Error – Rejected Claim to Yield Recovery
After submitting a claim on behalf of a client for a case against SunPower Corp., FRT received a rejection letter from the claims administrator stating the submission had no recognized loss. After being prompted by our claim filing system as to a discrepancy between our loss calculation and the administrator’s rejection, one of FRT’s Operations Associates verified the client’s claim Continue Reading...
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Fiduciary Settlements LTD. selects FRT as partner to offer class action recovery solutions
Agreement Provides Institutional Investors with Access to World-Class Recovery Services Financial Recovery Technologies LLC (FRT), a leader in securities class action settlement recovery, today announced that London-based Fiduciary Settlements Ltd. (FSL) has selected FRT to provide its best-in-class claim filing services to FSL’s institutional clients. Utilizing proprietary technology and processes backed by state-of-the-art data security, FRT identifies eligibility, files claims Continue Reading...
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