Northern Trust Corporation has announced the expansion of its global asset recovery capabilities through the adoption of Broadridge Financial Solutions' proprietary global class action technology. This collaboration aims to help Northern Trust clients optimize claim recoveries and increase engagement in settlement processes. The enhanced service offers expanded coverage in more than 35 markets, including support for "opt-in" markets, and provides clients with detailed reporting throughout the lifecycle of class action cases. The update comes amid a growing global class action landscape, with settlements reaching $5.2 billion across 135 cases worldwide in 2024.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251016173456) on October 16, 2025, and is solely responsible for the information contained therein.