Litigation Recovery Company Expands on Global Rise of Shareholder Class Action
Shareholder class actions have increased globally, especially in Australia.
October 23, 2019 at 02:29 PM
5 minute read
Litigation recovery company Financial Recovery Technologies (FRT) is continuing its global expansion, as activity in shareholder class actions outside the U.S. gathers steam.
The U.S.-based company monitors shareholder litigation for investment funds and alerts them to class actions from which they might benefit. It also advises the funds about the best course of action to make their financial recovery.
While the U.S. has long been a strong market, expansion to jurisdictions outside the U.S. has come as shareholder litigation has increased overseas, said FRT chief executive Rob Adler.
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