MEDFORD, Mass., Oct. 26, 2016 /PRNewswire/ -- Financial Recovery Technologies is the Best in Securities Class Action Monitoring in the Corporate America 2016 Legal Elite Awards. These awards recognize the skill and dedication of firms, teams and individuals that help and support the legal process, with a focus on the results that come from commitment and passion in the industry.
"We are proud to be recognized for our continued drive to and investment in setting the industry standard for helping investors monitor securities class actions, fulfill their fiduciary duties, and most importantly maximize their recoveries from securities litigation settlements around the globe," said Rob Adler, President of FRT. "This award is a testament to the positive feedback we've received from clients in providing best in class controls around corporate governance, fiduciary responsibility and asset maximization."
Since 2008, FRT has been an innovator and pioneer in using technology to ensure institutional investors maximize their recoveries resulting from securities litigation, while improving the transparency and governance for investors over this somewhat opaque process.
"The securities and antitrust litigation landscape - here and abroad - gets more complex each year," said Michael Lange, counsel of securities litigation at FRT. "FRT continues to innovate with technology solutions that gather and analyze information in ways that simplify and streamline decision-making by global investors and document their fiduciary compliance in these areas."
More than 500 of the largest asset managers, including noteworthy hedge funds and mutual funds, sovereign wealth funds, and state local and corporate pensions, rely on FRT to:
- Maximize their recoveries from settled securities litigation
- Make timely and informed decisions regarding participation strategies in a growing array of non-US securities litigation actions
- Evaluate how antitrust litigation around financial instruments like swaps can impact their funds
Through a combination of proprietary software, deep subject matter expertise and a commitment to client service, FRT has become an industry leader as is recognized today by Corporate America Legal Elite.
About Financial Recovery Technologies
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 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. Financial Recovery Technologies is a Cross Country Group company (http://www.ccgroup.com). For more information, go to www.frtservices.com.
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SOURCE Financial Recovery Technologies