Tag Archives: Global

Fortis Collective Settlement provides €1.204b (roughly $1.3b) to harmed investors
CASE BACKGROUND In March 2016, Fortis and several shareholder organizations reached a collective settlement providing €1.204 billion (roughly $1.3 billion) to harmed investors. The Fortis settlement represents the largest ever under Dutch collective settlement procedures, which is why it has garnered such significant press coverage. The settlement relates to Fortis’s unsuccessful participation in the ABN AMRO acquisition prior to the Continue Reading...
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Hong Kong one step closer to introducing class actions
In November of 2012, the Hong Kong Department of Justice announced it would create a working group to study and consider introducing a class action regime. The first meeting of this cross-sector working group was set for earlier this year. The group will discuss the proposals for the introduction of a comprehensive class action regime set out by the Law Reform Continue Reading...
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