Securities Class Action Cases: Quarterly Disbursed Claims – Q1-2019

FRT Marketing
April 1, 2019

In Q1-2019, over $1.7 billion of settlement funds were distributed, across 23 settlements. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q1-2019 (in terms of settlement fund value)

  • Wal-Mart Stores, Inc. ($160m)
  • SNC-Lavalin Group Inc Securities Litigation ($110m)
  • Orbital ATK, Inc. ($108m)
  • Alibaba Group Holdings LTD ($75m)
  • Bank of New York Mellon ($72.5m)

Top 5 Disbursed Cases in Q1-2019 (in terms of settlement fund value)

  • Pfizer, Inc. ($486m)
  • Bank of America Corporation ($335m)
  • Medpartners, Inc. ($310m)
  • BP Plc ($175m)
  • QBE Insurance ($132.5m)

Q1-2019 Disbursed Cases

CompanyFolli Follie
JurisdictionGreece
ExchangeASE (Athens Stock Exchange)
IndustryFashion
ClaimsBreach of continuous disclosure obligations, and misleading and deceptive conduct
Relevant PeriodJanuary 1, 1998 – May 25, 2018 (delisting date)
Participation DeadlineTBD

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.