SOUTH HACKENSACK, N.J., Jan. 11, 2016 /PRNewswire/ -- Financial Recovery Strategies CEO Michael Epstein is proud to announce that Ronald R. Sussman has been elected to the board of the New Jersey Chapter of the Turnaround Management Association (TMA). The TMA is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 9,000 members worldwide in 52 chapters including 32 in North America. Mr. Sussman currently serves as the President of FRS, where his knowledge, experience and caliber in the legal and business community have been of immense value. He is a seasoned, accomplished lawyer in the world of business litigation, corporate restructuring, and finance.
FRS is a leading asset recovery and cost savings consulting firm with vast experience and expertise in the class action recovery arena. Its mission is to provide its clients with industry leading services without cost or risk, while adhering to the highest level of professional ethics and standards. FRS provides a vast array of services, including providing effective notification of class action settlements in which FRS clients may be eligible; performing research to assure that our clients' eligible business units are included in the class claim process; providing advice on what, if any, documents need to be collected, and, when required documents are not available or are too burdensome to collect, developing alternate means to satisfy documentation requirements; preparing, assembling, submitting class claims packages and managing them throughout the administration process, including addressing any concerns or questions raised by class claims administrators; providing regular updates on the recovery process and related developments; and auditing payments to identify and resolve any underpayments. Founded in 2008, FRS has already been responsible for obtaining for its clients over $100 million in class action settlement recoveries.
SOURCE Financial Recovery Strategies