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FINANCIAL RECOVERY STRATEGIES

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.

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Why Companies Choose Us

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 18,000 clients every day, including many Fortune 500 companies.

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Claims Management Services

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Research Possibilities

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

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Consistent Updates

Providing regular updates on the
recovery process and related
developments.

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Enhancing Claims

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

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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.

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Innovate & Negotiate

Developing innovative
alternatives when required
documents are not.

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Claims Management

Preparing, assembling and submitting claims, and managing them.

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.

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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 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.
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Auto Parts Canada 2

Auto Parts Canada 2

Fund (US): $29,769,000 (CA): $124,786,307

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 January 1, 1995.
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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

PDF Summary

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

PDF Summary

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

Request AuthorizationPDF Summary

Acthar TPP

Acthar TPP

The proposed class includes: All third-party payers, or their assignees, in the United States and its territories, who have, as indirect purchasers, in whole or in part, paid for, provided reimburs...

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The proposed class includes: All third-party payers, or their assignees, in the United States and its territories, who have, as indirect purchasers, in whole or in part, paid for, provided reimbursement for, and/or possess the recovery rights to reimbursement for the indirect purchase of Acthar from August 1, 2007 to present. This class excludes: (a) Defendants, their officers, directors, management, employees, subsidiaries, and affiliates; (b) all federal and state governmental entities except for cities, towns, or municipalities with self-funded prescription drug plans; and (c) any judges or justices involved in this action and any members of their immediate family.
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ACA TRP

ACA TRP

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.
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Beef Commercial and Institutional Indirect

Beef Commercial and Institutional Indirect

The proposed class includes: All commercial and institutional purchasers in the Indirect Purchaser States that purchased beef, once or more, other than directly from Defendants, entities owned or ...

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The proposed class includes: All commercial and institutional purchasers in the Indirect Purchaser States that purchased beef, once or more, other than directly from Defendants, entities owned or controlled by Defendants, or other producers of beef from January 1, 2015 to present.
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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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