A New Era In Global Securities Litigation: Part 3

By David Kistenbroker, Joni Jacobsen and Angela Liu ( February 21, 2018, 10:46 AM EST) -- While securities markets become increasingly more global, the law around the world continues to develop in this area. As we explored in parts one and two of this four-part series, shareholder plaintiffs barred from U.S. courts are looking to foreign jurisdictions in this post-Morrison world. In particular, the Netherlands has been at the forefront of this sea change in securities litigation. But the U.K. and Germany have also experienced rapid proliferation of collective actions in the recent past. This article provides a closer look at these two jurisdictions and highlights key examples of class or collective litigation in the U.K. and Germany, which contribute to understanding the larger legal landscape of collective actions as it continues to develop across the globe....

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