• Employee Spotlight: Jeff Kirstein

    • 08/13/2018
    • Samantha Blumsack

    By: Samantha Blumsack, Marketing Intern, Financial Recovery Technologies Jeff Kirstein is the Chief Operating Officer for Financial Recovery Technologies. Jeff has been at FRT since inception and has oversight of all operational aspects of the business. This include case sourcing, data collection and normalization, eligibility and damage analysis, claim filing, deficiency remediation and legal research. With 20 years of financial Continue Reading

  • Five Ways Our Technology and Expertise is Providing Real Value to Clients for the Forex Antitrust Litigation

    • 08/09/2018
    • Ally Gosman

    Last month, investors’ attention focused on preparing and filing for the Forex Antitrust Litigation – one of the largest ($2.3 billion) and most complex antitrust settlements and claims filing recovery opportunities to date. The projected recovery rate is greater than 90% of the losses resulting from the price manipulation. As the pioneer in Antitrust Class Action Recovery, we leveraged our Continue Reading

  • Lessons Learned from the $500+ Million ISDAfix Antitrust Case

    • Jenn Rothenberg

    On the heels of the Forex Antitrust Case (read our blog: Forex Antitrust Case’s Projected Recovery Rate is Estimated to be 94%-123%), FRT filed claims for more than 25,000 client accounts in the ISDAfix Antitrust Case ahead of the July 16, 2018 deadline. Here are some lessons learned from that matter: If you traded any USD denominated interest rate derivatives Continue Reading

  • Investor Strategy News: Corporate scandals are driving more Australian class actions

    • 08/07/2018
    • Jenn Rothenberg

    “There are currently about 27 Australian class actions either in the process of being filed or already filed in 2018. Five-or-so years ago, in Australia, there might have been a handful taking place at any given time. Australia is one of the most active class action jurisdictions behind the US and institutional investors, their custodians, managers, and advisors are becoming Continue Reading

  • Employee Spotlight: Kim Smith

    • 08/01/2018
    • Samantha Blumsack

    By: Samantha Blumsack, Marketing Intern, Financial Recovery Technologies Kim Smith is a Sales Executive for Financial Recovery Technologies. Kim brings over 18 years of experience in the financial services industry, where she leads our new business development efforts for the trust and custody business. What are your top priorities and biggest challenges? Other than ensuring that every single one of Continue Reading

  • FRT Files Record Number of Claims for Shareholder Class Actions in 1H18

    • 07/25/2018
    • Ally Gosman

    Every year, billions of dollars in settlement funds are distributed to eligible shareholders as a result of shareholder class action lawsuits. A wide range of institutional investors from hedge funds, investment managers, and mutual funds to corporate and public pensions, regional banks and global custodians use our comprehensive range of services to identify eligibility, file claims and collect funds made Continue Reading

  • Employee Spotlight: Kate Richman

    • 07/19/2018
    • Samantha Blumsack

    By: Samantha Blumsack, Marketing Intern, Financial Recovery Technologies Kate Richman is a Senior Claims Analyst for Financial Recovery Technologies dedicated to claims recovery. She is involved in the processes of filing claims, curing claim deficiencies and documentation audits, and processing recovered funds in preparation for remittance to the client. What are your top priorities and biggest challenges? My top priority Continue Reading

  • Fortis Settlement Update (July 2018): Announcement of Claims Filing Process as Settlement is Declared Binding

    • 07/17/2018
    • Ally Gosman

    On Friday, 13 July 2018, the Amsterdam Court of Appeal declared the €1.308 billion Fortis settlement entered into between Ageas, Stichting FORsettlement, and the claimant organisations, binding. Ageas issued a press release (link) providing the following details: 27 July 2018: Notice of binding declaration sent to all known Eligible Shareholders 28 July 2018: Claim Filing Begins – FRT will begin to Continue Reading

  • Forex Antitrust Case’s Projected Recovery Rate is Estimated to be 94%-123% – Three Reasons Why This Should Matter to Investors

    • 07/16/2018
    • Mike Lange

    By Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies In the Forex Antitrust litigation, on July 11, 2018, Class Counsel provided the Court with the following estimated settlement participation and projected recovery rates. Gross Settlement Fund: $2,310,275,000 Estimated class-wide damages: $5,400,000,000 – $7,000,000,000 Estimated Number of Class Members: 200,000 Estimated Settlement Participation Estimated Number of Class Members Submitting Claims: 60,000 Estimated Participation Rate Continue Reading

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    Ally GosmanAlly Gosman

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    Andrew LaskyAndrew Lasky

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    Jenn RothenbergJenn Rothenberg

    VP of Marketing

    Mike LangeMike Lange

    Securities Litigation Counsel

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