FRT’s 2018 Top 5 Lists: Blogs

Last week, we complied the most popular FRT Resources on Shareholder Class Actions produced by the team here at Financial Recovery Technologies in 2018 (click here to read the blog).

This week, we share our top five blogs focused on antitrust and non-U.S. group litigations as 2018 saw a record number of cases including Forex, Petrobras, ISDAfix, and Fortis.

We have much more coming your way in 2019 – follow us on LinkedIn and bookmark our blog to stay up-to-date. Thank you for your continued partnership and we look forward to building on our relationship and supporting your shareholder class action recovery efforts in 2019 and beyond.

#1 Petrobras: What investors can gain from this case (in addition to the $2.9 billion class-action settlement)

On January 3, 2018, Petrobras, the Brazilian state-controlled oil company, announced it will pay $2.9 billion to settle the U.S. securities class action against it. If approved, this settlement will be among the largest to date. While impressive, the knowledge that investors gain from seeing how Petrobras resolves the remaining shareholder claims may prove more valuable than the dollars received in this settlement.


#2 Forex Antitrust Case’s Projected Recovery Rate is Estimated to be 94%-123% – Three Reasons Why This Should Matter to Investors

For those questioning whether filing antitrust claims are “worth it,” the answer is yes. The expected high Forex recovery rates will likely take much wind out of the sails of direct action efforts which, despite much chatter to date, do not appear to have gained traction.


#3 Case Spotlight: ISDAfix antitrust class action another example of market rate manipulation

This class action settlement resolves allegations that Defendants engaged in anticompetitive acts, manipulating the ISDAfix rates, the benchmark used to set the terms for swap transactions between Jan. 1, 2006 and Jan. 31, 2014.


#4 Lessons Learned from the LIBOR (currently $800 million) Antitrust Case

With more than 50 efforts at different stages of litigation, investors may not be prepared to take full advantage of what lies ahead in these Antitrust (non-securities) class action cases. For the LIBOR Antitrust Case [Barclays (December 2017) and Citigroup (March 2018)], FRT filed for over 16,000 accounts that included nearly 6 million data transactions. We filed for some of the largest asset managers and hedge funds in the world as well as hundreds of other clients.


#5 Fortis Settlement Update (July 2018): Announcement of Claims Filing Process as Settlement is Declared Binding

The Fortis settlement represents the largest class action under the Dutch collective settlement procedures (learn more about Dutch Foundations). Now that the Foundation has declared the settlement binding, post-settlement administration is very similar to that of a U.S. claims submission process.


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About FRT


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

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