The importance of understanding securities litigation
The National Association of Pension Funds recently released ‘Securities Fraud & Investor Remedies Made Simple Guide’, an informational guide about the array of issues that pension fund managers and trustees should be familiar with due to the expansion of securities class actions. The guide aims to help fund members make proper decisions regarding class actions by explaining securities litigation and how claims can be pursued.
As reported in the NAPF publication, one significant development in securities litigation has been the increase in actions outside of the U.S. While the U.S. is the most active jurisdiction, with over 60 billion in recoveries made available, other countries have recently announced incorporating class actions into their judicial system, Thailand being one of the most recent. The decision in U.S. Supreme Court case Morrison v National Australia Bank, which outlined securities law for investors engaging in foreign transactions, has proven to be a stepping stone for the growth securities litigation in non-U.S. countries.
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U.S. CLAIMS I GLOBAL GROUP LITIGATION I ANTITRUST I LITIGATION MONITORING I BUYOUTS
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