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Alternative Market Briefing

Institutional investors find opportunities in global and anti-trust litigation

Friday, May 19, 2017

Komfie Manalo, Opalesque Asia:

Institutional investors are becoming more active in seeking damages in non-U.S. jurisdictions and antitrust violations as they move beyond traditional U.S. securities litigation efforts, new data by securities class action recovery services provider Financial Recovery Technologies (FRT) showed.

The report titled Securities Litigation & Class Action Trends - 2016 Year in Review, found that in 2016 institutional investors recovered billions in global and antitrust settlements as they saw an increased opportunity in these emerging areas of class action litigation.

"Institutional investors are waking up to the massive pool of settlements that are currently available, and will be, as a result of global and antitrust litigation," said Rob Adler, president of FRT. "While the filing and claims processes are challenging for even the best staffed institutions, the opportunity to maximize recoveries on this scale is too great to pass up."

Outside of the U.S. and Canada, the global securities litigation landscape saw a record number of opt-in actions filed - nearly a 56% increase from the previous year - many of which were multiple actions filed against the same defendant by multiple litigation organizers. Institutions found that increased complexity in cases like Volkswagen - three actions proposed in Germany and two in the Netherlands - r......................

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