Class actions are a crucial tool for investors, as clients, to seek collective redress by pooling their means to make effective claims.
14.03.2012
(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