The global shareholder class action landscapes continues to grow and evolve with more emphasis on shareholder litigation outside the U.S. and antitrust opportunities. This issue of FRT Insights provides:
- Upcoming Antitrust deadlines for Euribor and FX Canada
- A webinar on the changing global landscape for investment recovery actions, with a particular focus on Europe
- An overview on Q1 settled and disbursed claims
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Antitrust settlement amounts are nearly 300% larger than traditional Shareholder Class Actions
Learn about four key differences where determining class member losses significantly impacts how the antitrust cases are settled and administered compared to shareholder class actions.
Upcoming Antitrust Deadlines
Euribor ($182.5m): July 31, 2019
FRT filed over 29,000 claims for Euribor last year and helped many clients pull and submit their trade details. If you missed the initial settlement, contact us to help you through the Antitrust class action recovery process.
FX Canada ($106.7m): August 19, 2019
Unlike the Foreign Exchange Benchmark Rates Antitrust Litigation case (U.S.), investors do not have a constructed trade option. Similar to the Euribor case, class members must submit their full trade details by the deadline.
GROUP LITIGATION RECOVERY
[WEBINAR] Lessons Learned from Recent Shareholder Litigation Cases Outside the United States
The global securities litigation landscape outside the U.S. continues to rapidly grow and evolve. We’re seeing increased activity in established jurisdictions like Germany, Netherlands, and the UK, as well as in new countries like Denmark and South Africa.
These changing dynamics are complicating the participation analysis. With nearly 50 cases filed or book-building during 2018, investors must now consider many more factors when deciding whether to get active and which recovery efforts to join.
FRT’s securities litigation counsel, Mike Lange, shares insights into the shifting landscape for investment recovery in Europe and around the globe. Gain a better understanding of what is happening related to investment recovery in Europe and what it means for you.
SETTLED CLASS ACTION RECOVERY
Quarterly Disbursed Claims – Q1 2019
In Q1-2019, over $1.7 billion of settlement funds were distributed, across 23 settlements. For more information, contact your Financial Recovery Technologies representative or email us.
- Top 5 recently settled cases in Q1 represented a combined value of over $525 million
- Top 5 disbursed cases in Q1 represented a combined value of over $1.4 billion
You can find information on recently settled and disbursed cases in our client portal. To learn more, contact your Financial Recovery Technologies representative or email us.
- Antitrust settlement amounts are nearly 300% larger than traditional Shareholder Class Actions
- Webinar Replay: Lessons Learned from Recent Shareholder Litigation Cases Outside the United States
- FX Case Update (March 2019): Memo filed in support of motion for initial distribution
- A look back at Antitrust Litigation in 2018
- Case Spotlight: FX Canada
U.S. CLAIMS I GLOBAL GROUP LITIGATION I ANTITRUST I LITIGATION MONITORING I BUYOUTS
Founded in 2008, Financial Recovery Technologies (FRT) is the 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.