Blog

Investors Offered Reduced Fees and Costs as Competition Among Australian Law Firms Increases

Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies Previously we’ve written about increased competition among Australian law firms and funders for leadership in securities class actions ...
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What’s after FOREX? ISDAfix, Euribor, and several other antitrust class action settlements with money already in escrow

Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies and Emily Fortin, Associate Counsel,  Financial Recovery Technologies With the May 16 claim filing deadline fast approaching, the $2.3 billion ...
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Case Spotlight: BHP Billiton

By Allison Gosman, Senior Marketing Specialist, Financial Recovery Technologies CASE BACKGROUND On November 5, 2015, the Fundao Dam at the Germano iron ore mine in ...
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Case Spotlight: Steinhoff International Holdings NV

By Allison Gosman, Senior Marketing Specialist, Financial Recovery Technologies CASE BACKGROUND On December 5th, 2017, the Steinhoff International Holdings NV (“Steinhoff”), a South African international ...
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FX Case Update (April 2018): Can Non-U.S. Domiciled Institutions Submit their FOREX Trades?

Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies Following Morrison, the eligibility requirements for all US securities and antitrust settlements include the need for a ‘nexus’ ...
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FRT and Eagle Investment Systems Establish Strategic Alliance to Help Institutional Clients Streamline Securities Class Action Lawsuit Services

BOSTON, MA, April 24, 2018  – Financial Recovery Technologies (“FRT”) and Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, ...
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Petrobras: Understanding the importance of monitoring both U.S. and Non-U.S. class actions

Petrobras, a Brazilian state-run energy company, is embroiled in the largest corruption scandal in Brazilian history.  An investigation dubbed “Operation Car Wash” by local Brazilian ...
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New automated “Settlement” and “Filing” Notifications are available

By Alex Watler, Product Manager, Financial Recovery Technologies We’re excited to release our new automated “Settlement and Filing Notifications” –– the next addition in our series ...
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Potential Change to Rule 23 Impacting Class Action Notifications

By Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies If you didn’t have enough reasons to use a class action claims filer, here’s another one ...
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Lessons Learned from the LIBOR (currently $800 million) Antitrust Case

Jenn Rothenberg, VP of Marketing, Financial Recovery Technologies With more than 50 efforts at different stages of litigation, investors may not be prepared to take ...
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Why Cyan Has Investors Seeing Green and Corporate Issuers Feeling Blue

By Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies “Cyan: a greenish-blue color …” (Merriam-Webster Dictionary) On March 20, in Cyan, Inc. v. Beaver County ...
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Securities Class Action Cases: Quarterly Disbursed Claims – Q1-2018

By Allison Gosman, Senior Marketing Specialist, Financial Recovery Technologies In Q1-2018, over $1 billion of settlement funds were distributed across 40 settlements, an increase of ...
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Euroyen Case Update (April 2018): Preliminary timeline of The Bank of Tokyo-Mitsubishi UFJ Ltd. (“BTMU”) and Mitsubishi UFJ Trust and Banking Corporation (“MUTB”) claims filing

By Andrew Lasky, Legal Product Specialist, Financial Recovery Technologies On March 8, 2018, The Court entered into an agreement, preliminary approving the proposed settlement of $30 ...
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Case Spotlight: Petróleo Brasileiro S.A. (Petrobras)

By Andrew Lasky, Legal Product Specialist, Financial Recovery Technologies CASE BACKGROUND Petrobras, a Brazilian state-run energy company, is embroiled in the largest corruption scandal in ...
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LIBOR Antitrust Case Update (April 2018): HSBC seeks approval to $100 million settlement

By Andrew Lasky, Legal Product Specialist, Financial Recovery Technologies On Thursday, March 29, 2018, HSBC Holdings Plc agreed to a $100 million settlement with “over-the-counter” ...
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FX Case Update (March 19, 2018): Understanding the potential downside of “Option 1”

Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies The deadline for filing claims in the $2.3 billion FOREX settlement was just extended (from March 22 to ...
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FX Case Update (March 2018): Three Reasons Why You Shouldn’t Delay in Your Preparation

Andrew Lasky, Legal Product Specialist, Financial Recovery Technologies and Jenn Rothenberg, VP of Marketing, Financial Recovery Technologies On March 12, 2018, the request for extension of ...
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Case Spotlight: Mitsubishi Motors Corporation

By Andrew Lasky, Legal Product Specialist, Financial Recovery Technologies CASE BACKGROUND On April 20, 2016, Mitsubishi Motors Corp. (“Mitsubishi”) acknowledged that they had been falsifying ...
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Case Spotlight: Toshiba Corporation

By Allison Gosman, Senior Marketing Specialist, Financial Recovery Technologies CASE BACKGROUND In July 2015, Toshiba acknowledged that it had artificially inflated its pre-tax profits over ...
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Jurisdiction Update: Brazil

By Mike Lange, Securities Litigation Counsel, Financial Recovery Technologies "If You Build It, They Will Come" - Field of Dreams (1989) Last year Brazil was ...
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