• Daimler Case Update (January 2020): DRRT/TILP action filed in regional court in Stuttgart, Germany seeking €900 million in damages

    • 01/21/2020
    • Jenn Rothenberg

    Last year, we spotlighted the Daimler AG opt-in recovery opportunity for investors brought forward by two groups of organizers – DRRT/TILP and Rotter – click here for the case spotlight. On December 30, 2019, lawyers from TILP, representing more than 200 institutional investors that held Daimler stock from July 10, 2012 to July 20, 2018, filed in regional court in Continue Reading

  • FRT’s Fast Five: Week Ending January 17, 2020

    • 01/17/2020
    • Yashna Contractor

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in settled (U.S./Canada) claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. SocGen Reaches Settlement in Libor-Rigging Suit Societe Generale SA has cut a Continue Reading

  • FRT’s Fast Five: Week Ending January 10, 2020

    • 01/10/2020
    • Yashna Contractor

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in settled (U.S./Canada) claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. First Solar Agrees to Settle $350 Million Shareholder Lawsuit First Solar, an Continue Reading

  • Three Upcoming Antitrust Deadlines in Q1 2020

    • 01/08/2020
    • Ally Gosman

    U.S. antitrust suits alleging abuses by investment banks around FOREX, LIBOR, and other benchmark rates have recovered billions of dollars for harmed investors. There are more than 50 active antitrust cases in various stages of litigation that could yield large volumes of recoveries dollars. Here are three Antitrust Class Action Settlements to keep on your radar for early 2020 so Continue Reading

  • Case Spotlight: First Solar Inc. Reaches $350m Settlement Agreement

    • Ally Gosman

    CASE BACKGROUND In Q3 2009, First Solar Inc., one of the largest and most successful U.S. solar-panel manufacturers, announced the discovery of a defect that impacted 4% of the panels it produced between June 2008 and June 2009. The company pledged to replace any faulty panels distributed to customers. It was not until July 2010 that First Solar logged the Continue Reading

  • Upcoming Webinar on January 23, 2020: New Client Portal Enhancements

    • 01/06/2020
    • Jenn Rothenberg

    Upcoming Webinar: New Client Portal Enhancements Thursday, January 23, 2020 12:00pm – 12:45pm ET If you cannot attend the live webinar, please register to receive a link to the on-demand replay. The world of class actions has evolved dramatically over the last five years requiring investors to upgrade their existing governance, controls, and protocols. At Financial Recovery Technologies, we continue Continue Reading

  • Securities Class Action Cases: Quarterly Disbursed Claims – Q4-2019

    • Ally Gosman

    In Q4-2019, over $3.4 billion of settlement funds were distributed, across 19 settlements, a 280% increase from Q3-2019. For more information, contact your Financial Recovery Technologies representative or email us. Top 5 Recently Settled Cases in Q4-2019 (in terms of settlement fund value) American Realty Capital Properties, Inc. ($1.025b) Endo International PLC ($82.5m) TrueCar, Inc. ($28.25m) Dell, Inc. ($21m) Altisource Continue Reading

  • FRT’s Fast Five: Week Ending January 3, 2020

    • 01/03/2020
    • Yashna Contractor

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in settled (U.S./Canada) claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. More Investors Sue Danske Bank for Alleged Money Laundering About 60 investors Continue Reading

  • Case Update: Vocus Group reaches $35m (AUD) settlement

    • 01/02/2020
    • Mike Lange

      Law firm Slater & Gordon announces a conditional agreement for a $35m (AUD) settlement on December 23rd, 2019.    Case Background In April 2019, investors brought claims against Vocus Group Ltd., (“Vocus”), an Australian telecommunications company that provides a wide array of targeted services through its telecommunications infrastructure platform. As we have previously discussed (read our case spotlight), Vocus Continue Reading

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