A Primer on Future Claims Recovery

FRT Admin
Site administrator
October 31, 2019

Fund closures are a commonplace, yet it is an infrequently examined subject. Funds shut down for a variety of reasons; liquidation can be related to fixed-term funds with designated termination dates, redemptions by large investors, underperformance, or departures of key personnel.

Aside from the reasoning of the fund closure, the manager and the fund’s directors are left with several important tasks to fulfill. Not all fund closures are alike, therefore understanding the various elements of a fund wind-down have become a topic of importance to managers and investors.

What you will learn:

  • Challenges associated with closing a fund
  • There are four primary stages of the future claims recovery process
  • Importance of a future claims recovery program

 

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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.