Blog

FRT joins the SEC, FBI, FINRA and more at GAIM Regulation & Fund Governance

FRT joins the SEC, FBI, FINRA and more at GAIM Regulation & Fund Governance Rob Adler, President at Financial Recovery Technologies, will be presenting at ...
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Foreign investors allowed to pursue claims against BP in U.S. court

There has been a new development in the case against BP Plc regarding the 2010 Gulf of Mexico oil spill. In a recent decision, a ...
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Dismissal of Omnicare class action establishes guideline for when corporate misstatements are made

The U.S. Appeals Court for the Sixth Circuit has dismissed a proposed securities fraud class action against Omnicare, Inc., making clear when a corporation will be deemed ...
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Financial Recovery Technologies releases class action website for wealth advisors

SecuritiesClassActionClaims.com - a free resource for advisors powered by Interactive Data’s Class Action Service will help clients address securities class actions Financial Recovery Technologies, LLC ...
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Global securities litigation decisions in the periphery

We often come across securities litigation cases during our research for FRT Global that are not considered class actions in the true sense of the ...
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FRT names new Senior Vice President of Product Development

Former Managing Director of Global Product Management at Omgeo brings product expertise to help FRT expand its offering Financial Recovery Technologies, LLC (FRT) has hired ...
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Leading pension funds agree on importance of securities litigation monitoring

Panel of industry experts review fiduciary duty to actively track global securities litigation for institutional investors A panel comprised of past and present legal representatives ...
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Financial Recovery Technologies expands NYC presence with new location

Larger office space demonstrates FRT’s investment in the region Financial Recovery Technologies has relocated its New York City office to 708 3rd Ave., New York, ...
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Supreme Court issues decision in Halliburton Case

On June 23, 2014, Chief Justice Roberts delivered an opinion in Halliburton v. Erica P. John Fund (“Halliburton II”) addressing two issues of importance to ...
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International group securities litigation shows growth trend

Ever since the Morrison v. National Australia Bank (NAB) U.S. Supreme Court Decision in 2010, there has been a significant increase in activity around group ...
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Pension funds most likely to opt out, particularly in high-settlement cases

While one of the key reasons to utilize a third-party securities class action service provider is to monitor and identify opportunities to recover damages from ...
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Customer Service Success: FRT Identifies Claims Administrator Error – Rejected Claim to Yield Recovery

After submitting a claim on behalf of a client for a case against SunPower Corp., FRT received a rejection letter from the claims administrator stating ...
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The State of Securities Class Actions: 2013 Review

In 2013, securities class actions grew in some ways, while shrinking in others. NERA Economic Consulting’s 2013 Year-in-Review report indicates that large settlements tended to ...
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Morrison decision applied in review of UBS credit crisis class action

The 2nd Circuit U.S. Court of Appeals earlier this month upheld the U.S. Supreme Court’s decision in Morrison v. National Australia Bank in a case ...
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The Supreme Court Reviews the Preemption of State Securities Class Actions Under the SLUSA

The Supreme Court Reviews the Preemption of State Securities Class Actions Under the SLUSA The Securities Litigation Uniform Standards Act of 1988 (SLUSA) was enacted ...
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Financial Recovery Technologies Acquires Investor Responsibility Support Services, Inc.

Financial Recovery Technologies (FRT) today announced the acquisition of Investor Responsibility Support Services (IRSS), a leading competitor in the claims monitoring industry. Upon closing, all ...
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Heartbleed Bug – Important Information About The Security of Your Data

We have been closely monitoring the Heartbleed bug — a vulnerability to a version of OpenSSL security encryption software commonly used by websites around the world. In ...
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Mergers and acquisitions are on the rise, Inevitably spurring securities class actions

One of the most common reasons shareholders file class action suits is proposed mergers, representing a significant share of the total class action filings in ...
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Securities class action litigation goes before U.S. Supreme Court

Wednesday, the U.S. Supreme Court heard arguments in Halliburton v. Erica P. John Fund, a case in which core principles underlying securities litigation – “reliance” ...
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In a departure from the U.S. precedent, Canada assumes jurisdiction over foreign securities class actions

The Ontario Superior Court of Justice decided recently that it has the authority to assume jurisdiction over securities class actions for shares that were purchased ...
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