Understanding the Complexity of
Global Securities Litigation
ISS Securities Class Action Services, Grant & Eisenhofer, and IMF Bentham discussed how to capitalize on and make sense of burgeoning opportunities in global securities litigation.
The last few years have seen a surge in securities litigation outside the U.S. and across a number of jurisdictions with varied approaches to securities laws. Making the process more complicated for institutional investors is determining which case to participate in, when multiple cases are being filed against the same defendants. A few examples of markets where complex litigations are taking place include Australia, Brazil, Denmark, Germany, Japan, Netherlands, United Kingdom, and the first-ever case in South Africa. Additionally, there have been several high-profile, large monetary settlements, including: Ageas (f/k/a Fortis) at €1.3 billion; QBE Insurance Group at AUD$132.5 million; and Tesco plc at £85 million.
The event was moderated by Jeff Lubitz, Head of ISS Securities Class Action Services, and with esteemed speakers:
- Guus Warringa, Head of Institutional Investor Relations, Grant & Eisenhofer
- Noah Wortman, Business Development Manager, IMF Bentham