The Certain Uncertainty of Shareholder Loss Estimates in Non-US Securities Litigation

With continued expansion in non-US securities litigation, we’re getting more client questions around losses, particularly how they’re calculated, why estimates differ, what they mean, and how to use them when making participation decisions. Here are four important things to keep in mind when it comes to shareholder loss estimates in non-US securities litigation. 1. Loss estimates are educated guesses – Continue Reading

Debunking Five Myths about Australian Securities Class Actions

The Australian shareholder class action landscape is in flux.  There are potential legislative changes around protections afforded investors under the securities laws, regulation of litigation funders, permitting lawyers to charge contingency fees, and restoring common fund orders.  Companies wanting to minimise or eliminate risk of suit are trying to influence public opinion on these issues with articles advocating their positions.  Continue Reading

The Australian Securities Class Action Landscape: Life without Common Fund Orders

The Australia High Court’s recent decision eliminating the power of lower courts to make common fund orders has proponents on both sides of the class action debate making dire predictions. Case organisers (law firms and funders) portend a return to earlier days when class actions were regularly filed on a closed (opt-in) class basis and are pressing investors to quickly Continue Reading