Success Story: Claims accepted well past the filing deadline

FRT Admin
Site administrator
July 26, 2017

Claims accepted well past the filing deadline

Prior Filing Strategy: None
FRT Success: A $2B hedge fund became an FRT client well after the deadline of a particular case and the initial filing was rejected for being too late. After lengthy discussions with the claim administrator the claim was eventually accepted; however, once the administrator processed the claim the initial response was that it had no value. FRT challenged that assertion by detailing our recognized loss calculations, and succeeded in securing over $2M in recovered funds.

ABOUT FINANCIAL RECOVERY TECHNOLOGIES
SETTLED  I  NON-US GLOBAL OPT-IN  I  ANTITRUST  I  GLOBAL PASSIVE  I  DIRECT OPT-OUT  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is a leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

 

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.