• Global Group Litigation: Navigating Complex Non-U.S. Shareholder Class Action Settlements

    • 11/14/2018
    • Ally Gosman

    Non-U.S. shareholder class actions are on the rise and venues for group shareholder litigation continues to expand. With more than 31 global actions initiated against unique defendants in 2018 to date, it’s critical for investors to understand the nuances of each jurisdictions in order to develop internal policies for global actions. Additionally, the landscape of global group litigation is slowly Continue Reading

  • FRT’s Fast Five: Week ending November 9, 2018

    • 11/09/2018
    • Ally Gosman

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in U.S. claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. Traders Ask 2nd Circ. To Take Up Libor Class Cert. Fight A group of Continue Reading

  • Fortis Settlement Update (November 2018): ‘Active Claimants’ entitled to a 25% premium on their recoveries

    • 11/05/2018
    • Ally Gosman

    Earlier this year, the Amsterdam Court of Appeal approved the record-setting settlement reached between Ageas SA/NV (the successor to Belgo-Dutch bank-insurer Fortis) and multiple claimant groups. The settlement was first agreed upon in March 2016 where Fortis and several shareholder organizations reached a collective settlement providing €1.204 billion (roughly $1.3 billion) to harmed investors. Although there was a lengthy mediation process with Continue Reading

  • FRT’s Fast Five: Week ending November 2, 2018

    • 11/02/2018
    • Ally Gosman

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in U.S. claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. Investor Attys Seek $8.5M In $43M Medtronic Stock-Drop Deal Counsel for a class of Medtronic Continue Reading

  • Employee Spotlight: Joseph Brown

    • 11/01/2018
    • Ally Gosman

      Joseph Brown is an ETL (Extract, Transform and Load) Specialist at Financial Recovery Technologies. With a background in applied mathematics, analytics, and statistics, Joe is responsible for processing the transaction data for our 700+ clients making sure all data is loaded into our database cleanly and efficiently. What are your top priorities? My top priority is to get our Continue Reading

  • FRT’s Fast Five: Week ending October 26, 2018

    • 10/26/2018
    • Ally Gosman

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in U.S. claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. Ex-Citi Trader Rips Colleague’s Forex Collusion Trial A former Citigroup Inc. foreign exchange trader Continue Reading

  • Case Spotlight: Macmahon – Why it is important to register by the court-mandated deadlines in Australia

    • 10/25/2018
    • Ally Gosman

    CASE BACKGROUND Macmahon Holding Limited, an Australian mining and construction company, engaged in misleading representations of its financial performance and processes by which it selected projects for which to tender. They failed to disclose a key risk concerning the project known as ‘Hope Downs 4 – Rail Earthworks and Bridge Construction’. Law firm ACA Lawyers and global litigation funder Harbour Fund II, LP, Continue Reading

  • FRT’s Fast Five: Week ending October 19, 2018

    • 10/19/2018
    • Ally Gosman

    Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in U.S. claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us. 1. ‘Good chance’ Danske whistleblower will testify in European Parliament: lawyer The whistleblower who helped reveal Continue Reading

  • Case Spotlight: Sirtex Medical Limited – An example of a Non-U.S. Passive Claim

    • 10/18/2018
    • Ally Gosman

    CASE BACKGROUND Sirtex Medical Limited, (“Sirtex”), an Australian healthcare company that manufactures and distributes liver cancer treatments, is being investigated for breaching the Corporations Act by allegedly inflating its FY2017 dose sales guidance. Law firm Maurice Blackburn and global litigation funder IMF Bentham. are currently investigating a potential shareholder action against Sirtex Medical Limited claiming a breach of continuous disclosure Continue Reading

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