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.

1. Law Firm’s Fee Settlement Could Shake Up Securities Class Actions

A deal that was reached this week in a long-running fee dispute has the potential to reshape the way law firms that represent plaintiffs bill for their work and pay other lawyers for referring clients to them. Click here to read the full article.

2. Danske Bank begins scaling back scandal-hit Estonian branch

Danske Bank has begun closing down parts of its Estonian business which has been at the center of an investigation into alleged money laundering and prompted a U.S. criminal investigation. Click here to read the full article.

3. Dutch Court OKs Petrobras Claim Jurisdiction Despite Brazilian Arbitration Clause

In a development with significant implications both for Petrobras investor claims and for the global pursuit of investor claims generally, a Dutch court has accepted jurisdiction for a securities fraud action filed in the Netherlands against Petrobras, and also ruled that the arbitration clause in Petrobras’s bylaws do not preclude the Dutch proceeding. Click here to read the full article.

4. Attys In ISDAfix Antitrust Suit Request $151M In Fees

Attorneys for a group of investors have asked a New York federal court for $151 million in fees for their work in an antitrust lawsuit brought by their clients alleging that a group of financial firms manipulated global swaps and options benchmark ISDAfix. Click here to read the full article (subscription may be needed)

5. Deutsche Bank Investors Win Cert. In Preferred Securities Suit

A New York federal judge granted class certification on Tuesday, October 2nd in a suit accusing Deutsche Bank AG of having misled investors in offerings of preferred securities during the implosion of the U.S. housing bubble, rejecting the bank’s criticisms of the lead plaintiffs and their lawyers. Click here to read the full article (subscription may be needed). 

Learn More

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

• Blogs
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  • Securities Class Action Cases: Quarterly Disbursed Claims – Q3-2018
  • Antitrust Class Action: The Road Ahead
  • U.S. and Non-U.S. Claims Filings – Benefits of outsourcing the class action recovery process
• Whitepapers:
  • A Primer on Shareholder Class Action
  • Global Landscape Continues to Evolve in the Wake of Morrison Decision

About FRT

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