CASE BACKGROUND On June 25, 2020, Germany based Wirecard AG filed for insolvency in the wake of what appears to be the country’s biggest financial scandal to date. At least five groups of organizers were contemplating recovery efforts for investors in Wirecard securities. However, insolvency changed organizer views on strategy and the prospects for recovery. Claims will be based on Continue Reading
Author: Jenn Rothenberg
VP of Marketing
The Implications of Victoria’s Contingency Fee Bill
In what is being seen as a win for shareholders, on Thursday, June 18, 2020, Victoria’s lawmakers passed a bill that lifts the ban on contingency fees allowing lawyers to take a percentage of the amount recovered in a class action (like in the U.S.), as opposed to the time-costed billing model. Those in favor of the bill The bill Continue Reading
[ON-DEMAND] Understanding Shareholder Loss Estimates in Non-U.S. Securities Litigation
“Outside of the U.S., investors deciding to register should appreciate that there is no one ‘right’ loss number. Loss estimates may be educated guesses and can help inform your organizer selection. But don’t assume a higher estimate means you’ll get more recoveries with that organizer. In the end, everyone is before the same judge with the same approach applied Continue Reading
Ally GosmanSr. Marketing Specialist
Jenn RothenbergVP of Marketing
Mike LangeSecurities Litigation Counsel
Rob AdlerChief Executive Officer
Financial Recovery Technologies Continues APAC Expansion with Melbourne Office Opening and General Manager Hire
Financial Recovery Technologies Boosts Australia Presence with APAC Vice President and Managing Director Hire
Financial Recovery Technologies Provides Unprecedented Access to Potential Class Action Claims
Australian Class Actions Outpace Other Non-U.S. Jurisdictions
Institutional Investors Increasingly Involved in Global and Antitrust Litigation