RECOVER YOUR ASSETS

FINANCIAL RECOVERY STRATEGIES

CLASS ACTION SPOTLIGHT

Payment Card Interchange Fee and Merchant Discount Class Action Settlement

Payment Acceptance Dates: January 1, 2004 - January 25, 2019

$5.54 Billion Fund

What We Do

FRS is a class action recovery and cost savings firm that specializes in, among other services, class action settlement claims recovery. FRS manages your class action claims, from tracking litigations to settlement distributions.

Why Companies Choose FRS

FRS has spent the last thirteen years building the best team in the industry for class action claims management. We have recovered, on our clients’ behalf, over $200M from class action settlements and other recovery opportunities.

FRS is entrusted by over 20,000 clients every day, including many Fortune 500 companies.

Claims Management Services

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Industry Leading Research

Providing effective notice when
FRS learns of settlements that
may be valuable.

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Claims Management

Preparing, assembling and submitting claims, and managing them.

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Enhancing Claims

Enhancing the likelihood that
eligible business units are included
in the claim process.

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Consistent Updates

Providing regular updates on the
recovery process and related
developments.

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Innovate & Negotiate

Developing innovative
alternatives when required
documents are not available.

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Professional Advice

Providing advice on what, if any,
documents need to be collected.

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Auditing

Auditing clients’ recoveries to
assure that their checks have not
been under calculated.

Contact us to learn more about FRS's services.

Full Research Team

The FRS team has developed innovative solutions to data requirements to significantly reduce the amount of time required by your in-house team. We keep your sensitive data private, and minimize the hassle of searching for old or destroyed documentation.

Success Stories

FRS’s client, a large “Fortune” company, estimated that, in the Vitamins settlement, FRS’s successful advocacy for alternative documentation and estimation saved approximately 150 hours of in-house work and obtained a recovery for the vast majority of its purchases.

FRS, on behalf of four of our healthcare system clients in the Blood Reagents settlement, received defendant purchase data that totaled approximately $985,000. FRS worked with our clients to increase those purchases to approximately $2.6 million, or by more than 2.5 times, which increased their recoveries by over $425,000.

FRS’s client, a world leader in the distribution of chemicals and related products and services, had incorrectly determined that it was not eligible to recover from the settlement of the Vitamin C Antitrust Litigation. FRS established that over $19,000,000 of their purchases were eligible, which resulted in a recovery of over $1.4 million.

Current Class Actions

Beef Commercial and Institutional Indirect

Beef Commercial and Institutional Indirect

Fund (US): $25,000,000

All persons and entities who, from January 1, 2015, to May 25, 2023, indirectly purchased for business use in commercial food preparation in the United States, from any of the Defendants or their resp...

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All persons and entities who, from January 1, 2015, to May 25, 2023, indirectly purchased for business use in commercial food preparation in the United States, from any of the Defendants or their respective subsidiaries and affiliates, boxed or case-ready Beef processed from Fed Cattle, excluding ground beef made exclusively from culled cows.

Affordable Care Act Transitional Reinsurance Program

Affordable Care Act Transitional Reinsurance Program

The proposed class includes all self-insured employee health and welfare benefit plans with assets held pursuant to a trust agreement that were required to make the Transitional Reinsurance Contributi...

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The proposed class includes all self-insured employee health and welfare benefit plans with assets held pursuant to a trust agreement that were required to make the Transitional Reinsurance Contribution under Section 1341 of the Affordable Care Act for benefit years 2014, 2015 and/or 2016.

Auto Parts Indirect Purchaser 2

Auto Parts Indirect Purchaser 2

Fund (US): $3,152,000

Individuals or entities who or which indirectly purchased in one of the Eligible Jurisdictions, from January 1, 2002 to the present, Automotive Parts that were manufactured by one or more of the Defen...

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Individuals or entities who or which indirectly purchased in one of the Eligible Jurisdictions, from January 1, 2002 to the present, Automotive Parts that were manufactured by one or more of the Defendants or their subsidiaries or affiliates.

Filing Deadline: 2023-01-07

Acthar TPP

Acthar TPP

The proposed class includes all third-party payors in the United States and its territories who purchased and paid for H.P. Acthar Gel indirectly from Defendants for their own use and not for resale f...

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The proposed class includes all third-party payors in the United States and its territories who purchased and paid for H.P. Acthar Gel indirectly from Defendants for their own use and not for resale from August 27, 2007 to date.

Auto Parts Canada 2

Auto Parts Canada 2

Fund (US): $78,370,964

All individuals, dealerships or entities who directly or indirectly purchased or leased a new or used vehicle in Canada, purchased a new or used vehicle for import into Canada or purchased an automoti...

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All individuals, dealerships or entities who directly or indirectly purchased or leased a new or used vehicle in Canada, purchased a new or used vehicle for import into Canada or purchased an automotive part in Canada on or after July 1, 1998.

Filing Deadline: 2023-10-30

Apple App Developer

Apple App Developer

Fund (US): $100,000,000

Eligible class members include all former and current “U.S. Developers” (defined below) that developed any Apple Inc. (hereafter, “Apple” or “Defendant”) iOS application or in-app product ...

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Eligible class members include all former and current “U.S. Developers” (defined below) that developed any Apple Inc. (hereafter, “Apple” or “Defendant”) iOS application or in-app product (including subscriptions) that sold for a non-zero price via Apple’s iOS App Store that earned, through all “Associated Developer Accounts” (defined below), proceeds (net revenues on the U.S. App Store storefront, after subtracting out any commission paid to Apple) equal to or less than $1,000,000.00 through the App Store U.S. storefront at any time from June 4, 2015 through April 26, 2021.

Filing Deadline: 2022-05-20

Beef Direct

Beef Direct

Fund (US): $52,500,000

All persons and entities who, from January 1, 2015 through February 10, 2022, purchased for use or delivery in the United States, directly from any of the Defendants or their respective subsidiaries a...

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All persons and entities who, from January 1, 2015 through February 10, 2022, purchased for use or delivery in the United States, directly from any of the Defendants or their respective subsidiaries and affiliates, boxed or case-ready beef processed from Fed Cattle, excluding ground beef made from culled cows.

Filing Deadline: 2024-03-04

Bank Bill Swap Rates (Australian BBSW)

Bank Bill Swap Rates (Australian BBSW)

Fund (US): $185,875,000

All persons and entities (excluding the United States Government) who or which, from January 1, 2003 through August 16, 2016, purchased, sold, held, traded, or otherwise had any interest in Bank Bill ...

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All persons and entities (excluding the United States Government) who or which, from January 1, 2003 through August 16, 2016, purchased, sold, held, traded, or otherwise had any interest in Bank Bill Swap Rate-Based Derivatives.

Filing Deadline: 2023-01-16

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Financial Recovery Strategies (FRS) is a class action settlement claims recovery consulting firm; we are not a court appointed claims administrator or class counsel. If you hire FRS and become an FRS client, we will work within your guidelines to manage the claims process. FRS will notify you when we believe that you may be eligible to participate in valuable settlements; we will take action to assure that all of your eligible business units (e.g., subsidiaries, divisions, acquisitions and divestitures) are included in the claim process; to reduce the support needed from your in-house staff, we will provide advice on what, if any, documents need to be collected and maintained, and, when requested, we will assist in that effort; when required documents are not available or are too burdensome to collect, we will negotiate on your behalf to develop innovative alternatives to satisfy documentation requirements; we will prepare, assemble and submit your claim package, and manage it throughout the claims processing phase, including working with you to address any concerns or questions the claims administrator may have; we will provide regular updates on the recovery process; we will review your payment to assure that it has not been under calculated; and we will follow up with you to assure that your recovery check is deposited.

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