Boston, MA (PRWEB) August 08, 2013
Financial Recovery Technologies LLC (FRT), a leader in securities class action settlement recovery, today announced that London-based Fiduciary Settlements Ltd. (FSL) has selected FRT to provide its best-in-class claim filing services to FSL’s institutional clients. Utilizing proprietary technology and processes backed by state-of-the-art data security, FRT identifies eligibility, files claims and collects funds made available in securities class action settlements. Offering the most comprehensive range of claim filing services available, FRT will provide FSL’s clients with best-in-class eligibility analysis, disbursement auditing and client reporting, while delivering the highest level of accuracy, accountability and transparency available.
FSL, with its partner FRT, effectively offers a solution allowing institutional investors and investment managers an opportunity to outsource the class action recovery process, comply with their fiduciary responsibilities and recover funds that otherwise would have remained unclaimed. Partnering with FSL and FRT enables clients to adhere to their fiduciary obligations in a far more economic and efficient manner than handling class actions internally.
"FRT’s capability, combined with FSL’s internal information technology, legal, accounting and regulatory capabilities, places FSL and FRT uniquely in the non-US market to provide a consultancy catering to the class action requirements of institutional investors and investment managers headquartered in Europe, the Middle East, Africa, Asia and Australasia,” said FSL’s Head of Advisory and Relationship Management, David Turnbull. “We’re excited to be an integral part of expanding FRT’s reach outside of the US.”
“We are pleased to be recognized by FSL for our leadership in the global class action settlement recovery arena,” said Robert I. Adler, president of FRT. “FRT provides a comprehensive and turnkey outsourced solution, and we’re excited to introduce our services to their client base.”
About Financial Recovery Technologies
Founded in 2008, Financial Recovery Technologies LLC is a technology-based services firm that helps investors collect funds made available in securities class action settlements. The firm offers expertise in eligibility analysis, claims filing, disbursement auditing and client reporting. With more than $100 million in total recoveries to date, Financial Recovery Technologies provides a proprietary turnkey solution that allows its clients to fulfill their fiduciary responsibilities with transparency and accuracy. Financial Recovery Technologies is a Cross Country Group company (http://www.crosscountrygroup.com) For more information, go to http://www.frtservices.com
About Fiduciary Settlements Ltd.
Fiduciary Settlements Ltd. was founded to offer comprehensive securities class actions services to institutional investors and investment managers. FSL aims to partner with firms to meet their fiduciary duties, while maximizing their recoveries from class action settlements. For more information, please contact David Turnbull at david(at)fiduciarysettlements(dot)com or on +44 (0)208 877 1131 .