2016 Year In Review – Global, Antitrust and U.S. Securities Class Action Trends

FRT Admin
Site administrator
March 11, 2017

Institutional investors have moved beyond traditional securities litigation efforts to focus on damages from antitrust violations and non-U.S. jurisdictions, according to research from Financial Recovery Technologies (“FRT”), a leading securities class action recovery services provider.

2016 Year-In-Review Research Highlights

  • There was a record number of global opt-in actions filed in 2016, with 43 new actions in nine different jurisdictions; nearly a 56% increase year-over-year
  • Marked by the $1.2 billion Fortis settlement in March of 2016, Dutch Foundations have emerged as a mechanism to resolve pan-European matters, including Volkswagen, Petrobras and FOREX
  • Cost and complexity are still the determining factors for institutions’ involvement in global litigation, leading to rapid increases in activity in “no-risk” jurisdictions like Australia, that reflect U.S. claims filing

 

Complete the form to download the full report.



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.