Securities Class Action Cases: Quarterly Disbursed Claims – Q4-2018

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FRT Admin
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January 2, 2019

In Q4-2018, over $2.3 billion of settlement funds were distributed, across 34 settlements. A near 200% increase from Q3-2018. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q4-2018 (in terms of settlement fund value)

  • Cobalt International Energy, Inc. ($389.6m)
  • Bank of America Mortgage Obligations Distribution ($109m)
  • BHP Billiton PLC ($50m)
  • Intuitive Surgical, Inc. ($42.5m)
  • Poseidon Concepts Corporation ($34.6)

Top 5 Disbursed Cases in Q4-2018 (in terms of settlement fund value)

  • Merck & Company ($830m)
  • Goldman Sachs & Company ($272m)
  • MF Global Holdings Limited ($204m)
  • Elan Corporation Plc ($135m)
  • Tesco PLC Compensation Scheme – KPMG ($118.6m)

Q4-2018 Disbursed Cases

CompanyDanske Bank
JurisdictionDenmark
ExchangeXCSE
ClaimsMisleading or untrue statements in published information, and violation of disclosure requirements
Participation DeadlineThe organizers have given different deadlines – please contact your FRT Representative or email us at learnmore@frtservices.com for a copy of our Organizer Comparison for details
Relevant PartiesThere are six competing actions for this case:
• Grant & Eisenhofer/DRRT
• Burford Capital/Stewarts Law
• Innsworth
• Deminor
• ISAF Management/Pomerantz/Lieff/TILP
• IMF Bentham/Quinn Emanuel

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.