Earlier this week we published our Top 5 Case Spotlights. We’ve now compiled the five most popular blogs produced by the team here at Financial Recovery Technologies in 2021. We have much more coming your way in 2022 – follow us on LinkedIn and bookmark our blog to stay up-to-date.
Earlier this month, speaking at a security forum, SEC Chairman Gary Gensler said crypto assets need more regulation given the potential for “fraud, scams, and abuse in certain applications.” The agency has asked Congress for broader powers over, among other things, digital tokens and the platforms on which they trade. The SEC enforcement proceedings and securities class action settlement against Block.one re-enforce this need. Given the limited recovery, we hope this matter is not a bellwether for future recovery efforts in this area. Click here to read the full post.
Environmental, Social and Governance (ESG) continues to dominate headlines, and we’re seeing increased investor interest in its application to the shareholder litigation space. Like investment ESG, litigation ESG enhances decision-making at the margin. For investments, the primary concern is a return for risk. For litigation, it’s potential recovery for risk. When choosing among litigation matters competing for limited internal resources, or if fund losses are ‘close’ to pre-set threshold amounts in securities litigation policies, the potential ESG benefits of suit can inform participation activity. This article considers the upcoming matters from an ESG perspective, providing a good starting point for thinking about the inclusion of ESG factors in governance policies and procedures. Click here to read the full post.
#3 The Next Frontiers for Investor Recoveries: Non-US Passive Recoveries, Commodity Class Actions, and Cayman and Bermuda Appraisals
Passive recovery opportunities for investors have never been greater. Last year, despite the pandemic, securities class actions recovered $4.2B, well within the normal range of $3B to $6B. To date, 20 fully or partially settled antitrust class suits have brought in $7B+, with billions more expected over the next several years. Most institutional investors file these claims and are now asking what’s next. We’re seeing growth in opportunities beyond securities and antitrust. In this blog, we profile three of these forefront areas. Click here to read the full post.
Each year FRT helps hundreds of institutional investors participate in non-US securities litigation. As a result, we have a landscape view of how suits in different countries are prosecuted by different organizers. In this blog, we discuss four positive trends we’re seeing and encourage organizers to take advantage of them when structuring future recovery efforts. Click here to read the full post.
Investors often ask if they need an outside vendor for non-US opt-in service. After all, past settlements like Fortis and the upcoming one with Steinhoff have included investors that did not previously sue or join Foundation efforts against company defendants. So rather than paying someone to help join earlier, isn’t it better and cheaper to wait for later settlements and to file claims yourself? Click here to read the full post.
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FRT Insights provides an unbiased and comprehensive overview of what is impacting shareholder litigation and how institutions can prepare, monitor, and maximize this unique asset, exclusively for asset owners and asset managers. If you are interested in being a potential speaker in future FRT Insights, email us at email@example.com.
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.
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.