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Industry News
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...
Industry News
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...
Press Releases
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...
Industry News
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...

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Industry News
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...
Case Spotlight
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...