Securities Class Action Cases: Quarterly Disbursed Claims – Q2-2020

FRT Admin
Site administrator
July 6, 2020

In Q2-2020, over $811 million of settlement funds were distributed across 23 settlements, a 38% increase from Q1-2020. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q2-2020 (in terms of settlement fund value)

  • First Solar, Inc. ($350m)
  • Signet Jewelers Limited ($240m)
  • Scana Corporation ($192.5m)
  • Libor Eurodollar Futures ($187m)
  • Equifax, Inc. ($149m)

Top 5 Disbursed Cases in Q2-2020 (in terms of settlement fund value)

  • ISDAfix ($504.5m)
  • SNC-Lavalin Group Inc. ($110m)
  • Medtronic, Inc. ($43m)
  • RCS Capital Corporation ($31m)
  • Barclays PLC ($27m)

Q2-2020 Disbursed Cases

CompanyDanske Bank
JurisdictionDenmark
ExchangeXCSE
ClaimsMisleading or untrue statements in published information, and violation of disclosure requirements
Participation DeadlineSeptember 1, 2020
Relevant PartiesISAF Management/Pomerantz/Lieff/TILP/Nemeth/Lemstra
Relevant Period9/5/2017 - 5/14/2019

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About FRT

SETTLED CLAIMS  I  PASSIVE GROUP  I  ANTITRUST  I  FUTURE CLAIMS  I  OPT-IN MONITORING  I OPT-OUT MONITORING

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.