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Securities class actions get national attention in Wall Street Journal

Securities class actions made headlines news last week when the Wall Street Journal featured an article on page B1 of the Marketplace section. The article ...
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FRT Completes Examination in Conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16

Financial Recovery Technologies (FRT), the leader in class action settlement recovery, has announced that it has recently completed its examination in conformity with Statement on ...
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Despite increased efforts by the SEC, institutional investors still hold the key in securities settlements

The Securities and Exchange Commission’s new secretary, Mary Jo White, is tightening the reigns and implementing stricter enforcement for securities cases. It’s an area that’s ...
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Recent HSBC judgment related to Household International sets securities class action records

A final judgment was handed down this week requiring HSBC to pay $2.46 billion to investors, making it the largest securities fraud class action to ...
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In the cases of AIG, it’s apparent that class actions can be hard to track

It is not uncommon for a company to have multiple distinct cases filed against it at any given time. And while in many occurrences the ...
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Australian Federal Court to decide if law firms can be involved in funding class action litigation

An interesting situation arose in Australia recently affecting securities class actions down under. The Australian Federal Court has been asked to take on the issue ...
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FRT Acquires Financial Market Data Services

Acquisition Strengthens FRT’s Product Suite and Management Team Financial Recovery Technologies, LLC (FRT), a leader in securities class action recovery, today announced the acquisition of ...
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India introduces class actions

The Indian Parliament has just passed a new bill that will replace the 57-year-old Companies Act by introducing class action suits into Indian Law. The ...
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Fiduciary Settlements LTD. selects FRT as partner to offer class action recovery solutions

Agreement Provides Institutional Investors with Access to World-Class Recovery Services Financial Recovery Technologies LLC (FRT), a leader in securities class action settlement recovery, today announced ...
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EU recommends class actions to member states

As the scope of securities group actions continues to expand globally, many countries are exploring ways to model itself after the U.S. class action system ...
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Court decides Bernanke should testify in A.I.G. securities class action

The unusual aspects of the A.I.G litigation being brought against the U.S. by the company’s former chief executive keep on getting a little more unusual.  ...
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The hidden value of securities class action merger cases

When it comes to securities class actions involving a merger case, it’s not always “what you see is what you get.” Merger cases are often ...
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Hong Kong one step closer to introducing class actions

In November of 2012, the Hong Kong Department of Justice announced it would create a working group to study and consider introducing a class action ...
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France to allow class action lawsuits

The French have been debating the introduction of class actions for some time, and the country is now a step closer to making it a ...
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Recent decision in IMAX could limit Canada’s appeal for global class actions

The scope of securities class actions extends beyond the borders of the U.S., and our neighbors to the north have been quite active in terms ...
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Not all securities class actions are easy to track

Every now and then there are high profile securities class action cases that get a lot of publicity, like the recent settlements by Bank of ...
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FRT launches technology improvements, including sophisticated loss calculation software

Financial Recovery Technologies LLC (FRT), the leader in securities class action settlement recovery, today announced a major software upgrade that will expand the services available ...
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Securities class action settlements in Australia hit record; Climb predicted to continue elsewhere

Australia saw a record year in 2012 for securities class action settlements. Thirteen securities class action suits were settled, more than in any previous year, ...
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$6 billion suit against RBS may shake up securities litigation in UK

The Royal Bank of Scotland (RBS) may have thought they were scot-free of securities class action litigation after the U.S. Supreme Court dismissed charges against ...
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Public pensions take the reins as lead plaintiffs in securities class actions

Does cash rule all or is it duty to their customers that is driving pensions to take the lead in class action litigation? Last year, ...
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