Increased involvement of non-U.S. companies in 2015 securities lawsuits

FRT Admin
Site administrator
June 30, 2015

globeIn 2015,  there has been a disproportionate increase in securities class action lawsuits involving non-U.S. companies compared to previous years. Of the approximate 82 cases filed so far this year, 18 of them are related to non-U.S. companies and 9 of those suits are related to companies in China. This increase in non-U.S. companies having to cope with U.S. securities litigation is a key role of doing business in the United States. Many of the Chinese companies that have been subject to class actions acquired their listings on U.S. exchanges by way of a reverse merger, in which the Chinese company merged with a company that had a U.S. listing.  The increased activity from foreign companies doing business in the U.S. has made it more prevalent for these non-U.S. based companies to become more exposed to securities litigation. Non-U.S. based companies operating in the U.S. face greater pressure to meet their obligations as a publicly-traded company.

Even though we are at the end of Q2, this trend should be interesting to watch throughout the rest of the year. Read more about non-U.S. companies coping with securities litigation here.

About FRT

U.S. CLAIMS  I  GLOBAL GROUP LITIGATION  I  ANTITRUST  I  LITIGATION MONITORING  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is the leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.

ABOUT FINANCIAL RECOVERY TECHNOLOGIES
SETTLED  I  NON-US GLOBAL OPT-IN  I  ANTITRUST  I  GLOBAL PASSIVE  I  DIRECT OPT-OUT  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is a leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

 

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.