FRT Insights – Quarterly Newsletter: October 2018

Non-U.S. shareholder class actions are on the rise and venues for group shareholder litigation continues to expand. With more than 31 global actions initiated against unique defendants in 2018 to date, it’s critical for investors to understand the nuances of each jurisdictions in order to develop internal policies for global actions.

This issue of FRT Insights focuses on the changing dynamics of non-U.S. group actions and how they are complicating the participation analysis.

A Primer on Global Group Litigation

Download our Primer on Global Group Litigation whitepaper to learn about the four primary stages of the global group litigation recovery process and how each stage is important to maximize recoveries in non-U.S. actions.

Jurisdiction Profiles: Australia, UK and Taiwan

The landscape of global matters is slowly shifting to mirror those of U.S. passive claims filing. How are you weighing risks and opportunities in each jurisdiction?

AUSTRALIAUNITED KINGDOMTAIWAN
Australia is among the most active jurisdictions outside of the US and Canada. To date, class actions there have recovered more than $1.86 billion for investors.Most consider the UK the riskiest and most burdensome non-US jurisdiction for prosecuting securities claims. Outside of the U.S., Taiwan is the most active jurisdiction for securities cases, comprising roughly 50% of all non-U.S. and Canada matters.
Click here to download the Australia Jurisdiction ProfileClick here to download the UK Jurisdiction ProfileClick here to download the Taiwan Jurisdiction Profile

Unbiased analysis into Global Group Litigations

FRT’s global expertise and class action experience to help investors make informed participation decisions and support them throughout the joining process:

  • Alerts with detailed case information for all active non-U.S. jurisdictions from FRT’s proprietary monitoring service
  • Opportunity analysis detailing case eligibility and the required steps for each country and case organizer
  • Insight into the group actions in different jurisdictions and the local players involved
  • Case comparisons for actions with multiple competing organizers
  • Actionable unbiased analysis to help you make an informed decision on your participation
  • Access to FRT’s legal team for ongoing support and custom research

To learn more about FRT Global Group Litigation, contact your FRT representative or email us.

Stay Informed of Every Antitrust Opportunity

As pioneers in Antitrust recovery, FRT has developed repeatable, controlled workflows designed especially for the purpose of handling unique antitrust cases. How are you staying informed on the latest antitrust litigation developments?

ISDAfix Antitrust Class Action (October 13, 2018 and December 23, 2018)Forex Antitrust Case’s Estimated Settlement Participation is 30%
What's in the pipeline for antitrust settlements?

Investors have until October 13, 2018 for the first ISDAfix settlement ($408 million).

In addition, at the end of June, additional settlements totaling $96 million were reached with five additional defendants in the ISDAfix antitrust class action litigation. A deadline of December 23, 2018 has been set for filing a claim in this second settlement pool.
The Class Counsel had estimated 200,000 class members. As of July 11, an estimated 60,000 class members had filed (resulting in a 30% participation rate).

Given the high projected recovery rate it may be worth looking into filing a late claim.
While Antitrust claims filing is challenging, it can be done. We are actively monitoring 40+ antitrust and non-securities cases.

Contact your FRT Account Manager or email us at learnmore@frtservices.com to learn more.

Learn More

To learn more about FRT Antitrust, FRT Global Group Litigation or how FRT can help your firm maximize recoveries in shareholder class action settlements, contact us at learnmore@frtservices.com.

About FRT

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.

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