FRT successfully challenges a client’s initial recovery from the administrator

FRT Admin
Site administrator
July 26, 2017

FRT successfully challenges a client’s initial recovery from the administrator

Prior Filing Strategy:  Internal Process

FRT Success:  The claims administrator issued our client, a $2.5B investment manager, a settlement check of $12.78. Our system immediately discovered this was incorrect. FRT was able to revert back to the claims administrator to substantiate our recognized loss calculation. The claims administrator agreed, and a check was re-issued for $192,913.

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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.

 

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