More Than Just a Number
Accurately interpreting the plan of allocation and correctly calculating recognized loss (RL) is often more difficult than it may seem, but may be the most important elements of the class action claim filing process. Without an accurate RL calculation, it's impossible to validate that the payments received from a claims administrator are correct; and without precisely interpreting the plan of allocation, one cannot calculate an accurate RL.
Watch our on-demand webinar as Chris Looby, Director of Operations at FRT, shares insights into:
Calculating damages in Securities Class Actions
Importance of recognized loss (RL) in the claims filing process
The relationship between Recognized Loss and Recovery Amount
Why FRT calculates recognized loss (RL)
SPEAKERS
Chris Looby, Director of Operations, Financial Recovery Technologies
"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna Class action settlements are one of many possible end results from law suits filed on behalf of investors who claim a financial loss in a particular stock. Recent trends indicate that the number of securities class actions will continue to rise, with a steady stream of litigation increasing with the pool of available recovery funds.
Every year, millions of dollars in settlement funds are distributed to eligible shareholders as a result of securities class action lawsuits. Institutional investors hold fiduciary responsibility to keep up to date on lawsuits involving investments they made on behalf of their clients.
Learn how FRT can maximize your recoveries while minimizing risks.