Securities Class Action Cases: Quarterly Disbursed Claims – Q3-2018

FRT Marketing
October 1, 2018

In Q3-2018, over $1.16 billion of settlement funds were distributed, across 29 settlements. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q3-2018 (in terms of settlement fund value)

  • Wilmington Trust ($210m)
  • Medtronic, Inc. ($43m)
  • Big Lots, Inc. ($38m)
  • Green Mountain Coffee Roasters, Inc. ($36.5m)
  • Juno Therapeutics, Inc. ($24m)

Top 5 Disbursed Cases in Q3-2018 (in terms of settlement fund value)

  • BP PLC Fair Fund ($525m)
  • Salix Pharmaceuticals, Ltd. ($210m)
  • Halliburton Company ($100m)
  • Lehman Brothers Holdings, Inc. E&Y ($99m)
  • MGM Mirage, Inc. ($75m)

Q3-2018 Disbursed Cases

ISDAfix Antitrust Class Action (October 13, 2018 and December 23, 2018)Forex Antitrust Case’s Estimated Settlement Participation is 30%
What's in the pipeline for antitrust settlements?
Investors have until October 13, 2018 for the first ISDAfix settlement ($408 million).

In addition, at the end of June, additional settlements totaling $96 million were reached with five additional defendants in the ISDAfix antitrust class action litigation. A deadline of December 23, 2018 has been set for filing a claim in this second settlement pool.		The Class Counsel had estimated 200,000 class members. As of July 11, an estimated 60,000 class members had filed (resulting in a 30% participation rate).

Given the high projected recovery rate it may be worth looking into filing a late claim.		While Antitrust claims filing is challenging, it can be done. We are actively monitoring 40+ antitrust and non-securities cases.

Contact your FRT Account Manager or email us at learnmore@frtservices.com to learn more.

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.