FRT Insights – Quarterly Newsletter – April 2020
This quarter, we highlight the continued growth and evolution of global shareholder litigation and how the expansion on non-U.S. and Antitrust matters are impacting investors:
- [ Webinar ] Understanding Shareholder Loss Estimates in Non-U.S. Securities Litigation on Wednesday, April 29, 2020 > Click here to register
- [ Case Spotlight ] Lessons Learned from the First Settlement of the GSE Bonds Antitrust Case ($49.5m) > Read our blog
- [ Blogs ] Recent blogs published by FRT
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>> GLOBAL OPT-IN AND NON-U.S. LITIGATION
Understanding Shareholder Loss Estimates in Non-U.S. Securities Litigation
Wednesday, April 29. 2020 | 10:00 a.m. ET (3:00 p.m. BST)
With the continued expansion of non-U.S. securities litigation, more institutions are asking questions around losses. How are they calculated? Why do they differ? What do they mean? How can we use them when making participation decisions?
Attend our webinar as FRT’s Mike Lange, Chris Looby, and Emily Fortin, share insights into:
- Understanding Your Losses – the three different types, why they matter, and how they should best be calculated for comparison purposes
- Uncertainty of Loss Estimates – similarities and differences of losses among countries including the United States, Australia, Japan and other Non-U.S. jurisdictions
- Investor Participation – how investors should use loss estimates when deciding whether to register
If you cannot attend the live webinar, please register (click here) to receive a copy of the recording after the event.
>> ANTITRUST RECOVERY
Lessons Learned from the First Settlement of the GSE Bonds Antitrust Case ($49.5m)
In Q1 2020 alone, FRT filed claims in three antitrust case settlements including FX Canada – CAD $109.8m (read our case spotlight), GSE Bonds – $49.5m (read our case update), and Euroyen $71m (read our case update) for some of the largest asset managers and asset owners in the world, as well as hundreds of other clients.
With another settlement for the GSE Bonds case ($250m) fast approaching on May 12, 2020, here are a few lessons learned that may be relevant for this case and future antitrust settlements
>> SETTLED CLASS ACTION RECOVERY
Quarterly Disbursed Claims – Q1 2020
In Q1-2020, over $508 million of settlement funds were distributed, across 14 settlements in the U.S. and Canada. For more information, contact your Financial Recovery Technologies representative or email us.
- Top 5 recently settled cases in Q1 represented a combined value of nearly $1.4 billion
- Top 5 disbursed cases in Q1 represented a combined value of over $424 million
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.
>> RECENT BLOGS BY FRT
- Equifax Settlement Affirms the Viability and Benefits of Data Breach Class Actions
- The Australian Securities Class Action Landscape: Life without Common Fund Orders
- FRT FAQs: Antitrust Recovery
- Debunking Five Myths about Australian Securities Class Actions
- Three Reasons Why Wealth and Retail Investment Firms Should Care about Class Action Recovery
- The Certain Uncertainty of Shareholder Loss Estimates in Non-US Securities Litigation
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Financial Recovery Technologies’ Shareholder Litigation Fast Five provides you with the top news in shareholder class actions. This is your exclusive summary of the latest industry developments related to settled, group and antitrust actions and recovery opportunities. Click here to subscribe.
Learn More
To learn more about how FRT can help your firm maximize recoveries in shareholder class action settlements, contact us at learnmore@frtservices.com.
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- Blogs
- Lessons Learned from the First Settlement of the GSE Bonds Antitrust Case ($49.5M)
- Debunking Five Myths about Australian Securities Class Actions
- Three Reasons Why Wealth and Retail Investment Firms Should Care about Class Action Recovery
- Case Spotlight: BRF S.A.
- Daimler Case Update January 2020
- Three Upcoming Antitrust Deadlines in Q1 2020
- Case Spotlight: First Solar Inc. Reaches $350m Settlement Agreement
- Securities Class Action Cases: Quarterly Disbursed Claims – Q4-2019
- Case Update: Vocus Group reaches $35m (AUD) settlement
- FRT’s Best 19 of 2019
- GSE Bond Case Update (December 2019): More Banks Settle Bringing Total Recovery to $386.5M
- Case Update: Bellamy’s Australia Ltd. reaches $49.7m (AUD) settlement
- Investors note: Australia now second in class action stakes
- Case Update (November 2019): Woolworths Limited reaches Passive Registration Deadline Prior to December Mediation
- Whitepapers:
- A Primer on Shareholder Class Action
- A Primer on Antitrust Class Litigation
- A Primer on Global Group Litigation
- A Primer on Future Claims Recovery
- Illustrating The Outer Time Limits By Which Filing Decisions Must Be Made
- Calculating Inflationary Losses for Comparison to Loss Thresholds
- Global Landscape Continues to Evolve in the Wake of Morrison Decision
- Jurisdiction Risk Profiles:
- Blogs
About FRT
SETTLED CLAIMS I PASSIVE GROUP I ANTITRUST I FUTURE CLAIMS I OPT-IN MONITORING I OPT-OUT MONITORING
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.
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- Email us: learnmore@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.