Class Actions – A Purely U.S. Phenomenon?

(JB) Class actions are a crucial tool for investors, as clients, to seek collective redress by pooling their means to make effective claims.

While they are a common tool in the US, they do not exist in Europe and nor will they, say experts, until legislation is changed.

A seminar organised by the American Chamber of Commerce and supported by ALFI will look at the history, purpose and future of class actions.

The night's timetable is as follows:

18:30 Registration

19:00 Introduction and presentations

•    Galen Vetter, President, RUST Consulting

Mr. Vetter will provide a settlement administrator perspective: Notification, Administration, and Distribution of Settlement Proceeds, a Professional Challenge

•    Lawrence Sucharow, Chairman,  Labaton Sucharow

Mr. Sucharow will provide a legal perspective: Adapting the U.S. Representative Action Model to a European Solution

19:45    Interactive panel discussion moderated by Bill Lockwood, Conducting Officer, Franklin Templeton Investments, with:

•    François Kremer, Partner, Arendt & Medernach

•    Joe Hendry,  Senior Vice President, Investor Services & Markets, Brown Brothers Harriman

•    Galen Vetter, President, RUST Consulting

•    Lawrence Sucharow, Chairman, Labaton Sucharow

•   Jimmy D Gambill, Managing Director, LGRP

20:15 Networking cocktail

Event Details:

Date: 25.10.11

Time: 18:30

Location: BGL BNP Paribas, 27, Avenue Monterey L-2163

Member Fee: free

Non Member Fee: 35.00 EUR

To reserve your place or to find out more, email ayaydin@amcham.lu