FRT’s Fast Five: Week ending October 19, 2018

FRT Marketing
October 19, 2018

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. ‘Good chance’ Danske whistleblower will testify in European Parliament: lawyer

The whistleblower who helped reveal suspected money laundering at Danske Bank will consider an invitation from an EU parliament committee, his lawyer said on Tuesday, October 2, 2018, adding there is a “good chance” he will attend a hearing next month. Click here to read the full article.

2. Steinhoff class action suit gets SA institutions’ nod

South African institutions agree that ‘class action’ case being run in the Netherlands by BarentsKrans, is their preferred legal route. Click here to read the full article.

3. Banks, AMP facing $6 billion bill for customer refunds, reviews and litigation

Leading banking analyst Brett Le Mesurier has put an estimate of at least $6 billion on consumer refunds, reviews and litigation for the big four banks and AMP. Click here to read the full article (subscription may be needed).

4. Toshiba Tells High Court Stock-Drop Suit Doesn’t Belong In US

Japan’s Toshiba Corp. has asked the U.S. Supreme Court to review the Ninth Circuit’s revival of a proposed class action alleging misstatements made in the company’s home country caused the price of American depositary shares to fall, saying the supposed misconduct occurred entirely in the Asian country. Click here to read the full article (subscription may be needed).

5. Macquarie Executives Hit With Stock-Drop 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.

About FRT

U.S. CLAIMS  I  GLOBAL GROUP LITIGATION  I  ANTITRUST  I  LITIGATION MONITORING  I  BUYOUTS

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.

ABOUT FINANCIAL RECOVERY TECHNOLOGIES
SETTLED  I  NON-US GLOBAL OPT-IN  I  ANTITRUST  I  GLOBAL PASSIVE  I  DIRECT OPT-OUT  I  BUYOUTS

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.

 

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.