Financial Recovery Technologies Fast Five provides you with the top news in shareholder class actions. Stay up-to-date on the latest developments in U.S. claims filing opportunities, Antitrust settlements, Global Group Litigation matters and more. For more information, contact your Financial Recovery Technologies representative or email us.
Up to 70 investors with collective damage claims of €1bn plan to file a complaint against the Danish bank next month through law firm DRRT, which is currently involved in the €9bn shareholder litigation against Volkswagen over the emissions scandal. Click here to read the full article.
The Australian Securities and Investments Commission has launched an investigation into the collapse of engineering group RCR Tomlinson, which went into administration in late 2018 owing banks and sub-contractors more than $600 million. Click here to read the full article (subscription may be needed).
A group of Republican U.S. Senators have reintroduced legislation that would require plaintiffs to disclose when they’ve secured third-party funding in litigation. Sens. Chuck Grassley of Iowa, John Cornyn of Texas, Thom Tillis of North Carolina, and Ben Sasse of Nebraska reintroduced the Litigation Funding Transparency Act (LFTA) on Wednesday. Click here to read the full article (subscription may be needed).
In three opinions issued in 2018, the U.S. Court of Appeals for the Third Circuit clarified several pleading requirements for putative class action securities complaints. Click here to read the full article (subscription may be needed).
A Michigan pension fund urged a Tennessee federal court on Friday to appoint it the lead plaintiff, and its attorneys at Robbins Geller Rudman & Dowd LLP lead counsel, in a putative class action over ex-Nissan Motor Co. chairman and CEO Carlos Ghosn’s alleged underreported compensation in securities filings. Click here to read the full article (subscription may be needed).
To learn more about how FRT can help your firm maximize recoveries in shareholder class action settlements, contact us at firstname.lastname@example.org.
U.S. CLAIMS I GLOBAL GROUP LITIGATION I ANTITRUST I LITIGATION MONITORING I BUYOUTS
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