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April 17, 2014
FRT Admin
Heartbleed Bug – Important Information About The Security of Your Data
We have been closely monitoring the Heartbleed bug — a vulnerability to a version of OpenSSL security encryption software commonly...
Global, Heartbleed Bug,
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Uncategorized
April 14, 2014
FRT Admin
Mergers and Acquisitions are on the Rise, Inevitably Spurring Securities Class Actions
One of the most common reasons shareholders file class action suits is proposed mergers, representing a significant share of the total...
AMER, M&A, Shareholder Class Actions,
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Uncategorized
March 7, 2014
FRT Admin
Securities class action litigation goes before U.S. Supreme Court
Wednesday, the U.S. Supreme Court heard arguments in Halliburton v. Erica P. John Fund, a case in which core principles underlying...
AMER, Court Decision, Halliburton, Securities Class Actions, Settled, Shareholder Class Actions,
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Uncategorized
February 14, 2014
FRT Admin
In a departure from the U.S. precedent, Canada assumes jurisdiction over foreign securities class actions
The Ontario Superior Court of Justice decided recently that it has the authority to assume jurisdiction over securities class actions...
AMER, Kaynes, Shareholder Class Actions,
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Uncategorized
February 7, 2014
FRT Admin
Securities class actions get national attention in Wall Street Journal
Securities class actions made headlines news last week when the Wall Street Journal featured an article on page B1 of the...
AMER, Shareholder Class Actions,
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Uncategorized
February 3, 2014
FRT Admin
FRT Completes Examination in Conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16
Financial Recovery Technologies (FRT), the leader in class action settlement recovery, has announced that it has recently completed its...
FinTech, Global, Shareholder Class Actions,
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Uncategorized
January 27, 2014
FRT Admin
Despite increased efforts by the SEC, institutional investors still hold the key in securities settlements
The Securities and Exchange Commission’s new secretary, Mary Jo White, is tightening the reigns and implementing stricter enforcement...
AMER, Shareholder Class Actions,
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Uncategorized
October 21, 2013
FRT Admin
Recent HSBC judgment related to Household International sets securities class action records
A final judgment was handed down this week requiring HSBC to pay $2.46 billion to investors, making it the largest securities fraud...
AMER, Global Group Litigation, Global Opt-In, HSBC, International Opt-In, Shareholder Class Actions,
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Uncategorized
October 8, 2013
FRT Admin
In the cases of AIG, it’s apparent that class actions can be hard to track
It is not uncommon for a company to have multiple distinct cases filed against it at any given time. And while in many occurrences the...
AIG, AMER, Shareholder Class Actions,
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Uncategorized
September 20, 2013
FRT Admin
Australian Federal Court to decide if law firms can be involved in funding class action litigation
An interesting situation arose in Australia recently affecting securities class actions down under. The Australian Federal Court has...
APAC, Australia, Global Group Litigation, Passive Group,
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