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Governance & Regulations

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Securities class action litigation goes before U.S. Supreme Court
Wednesday, the U.S. Supreme Court heard arguments in Halliburton v. Erica P. John Fund, a case in which core principles underlying...
Governance & Regulations

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In a departure from the U.S. precedent, Canada assumes jurisdiction over foreign securities class actions
The Ontario Superior Court of Justice decided recently that it has the authority to assume jurisdiction over securities class actions...
Press Releases

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Securities class actions get national attention in Wall Street Journal
Securities class actions made headlines news last week when the Wall Street Journal featured an article on page B1 of the...
Governance & Regulations

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FRT Completes Examination in Conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16
Financial Recovery Technologies (FRT), the leader in class action settlement recovery, has announced that it has recently completed its...
FRT Insights

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Despite increased efforts by the SEC, institutional investors still hold the key in securities settlements
The Securities and Exchange Commission’s new secretary, Mary Jo White, is tightening the reigns and implementing stricter enforcement...
Case Spotlight

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Recent HSBC judgment related to Household International sets securities class action records
A final judgment was handed down this week requiring HSBC to pay $2.46 billion to investors, making it the largest securities fraud...
Investment Operations

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In the cases of AIG, it’s apparent that class actions can be hard to track
It is not uncommon for a company to have multiple distinct cases filed against it at any given time. And while in many occurrences the...
Global Recovery

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Australian Federal Court to decide if law firms can be involved in funding class action litigation
An interesting situation arose in Australia recently affecting securities class actions down under. The Australian Federal Court has...
Investment Operations

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FRT Acquires Financial Market Data Services
Acquisition Strengthens FRT’s Product Suite and Management Team Financial Recovery Technologies, LLC (FRT), a leader in securities...
Global Recovery

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India introduces class actions
The Indian Parliament has just passed a new bill that will replace the 57-year-old Companies Act by introducing class action suits into...