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Despite increased efforts by the SEC, institutional investors still hold the key in securities settlements
The Securities and Exchange Commission’s new secretary, Mary Jo White, is tightening the reigns and implementing stricter enforcement...
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Recent HSBC judgment related to Household International sets securities class action records
A final judgment was handed down this week requiring HSBC to pay $2.46 billion to investors, making it the largest securities fraud...
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In the cases of AIG, it’s apparent that class actions can be hard to track
It is not uncommon for a company to have multiple distinct cases filed against it at any given time. And while in many occurrences the...

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Australian Federal Court to decide if law firms can be involved in funding class action litigation
An interesting situation arose in Australia recently affecting securities class actions down under. The Australian Federal Court has...
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FRT Acquires Financial Market Data Services
Acquisition Strengthens FRT’s Product Suite and Management Team Financial Recovery Technologies, LLC (FRT), a leader in securities...
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India introduces class actions
The Indian Parliament has just passed a new bill that will replace the 57-year-old Companies Act by introducing class action suits into...