FRS has extensive class action settlement and claims management experience. As a result, when, as is the case in many settlements, a claimant’s interests must be represented to avoid the rejection or reduction of a claim, FRS brings to bear that considerable experience and class action expertise. A few significant examples of the value added by FRS’s considerable experience are as follows:
- FRS’s client, a firm in the telecommunications industry, was eligible for a Telephone Excise Tax Refund. After 4 years of negotiating with the IRS and addressing all of the IRS’s concerns, FRS obtained for the client over $20 million that the client otherwise would not have recovered.
- FRS’s advocacy with the claims administrator increased the settlement recovery that its client, a large metropolitan area hospital, obtained in the United Healthcare settlement by approximately $5,000,000.
- FRS, by researching the many related entities that our client, a large healthcare system, operated, and by successfully advocating with the claims administrator and class counsel, increased its claim in the Municipal Derivatives settlement by $1.5 million.
The value added by just these examples is $26.5 million.