The Korea Times reported today that South Korea’s first ever class action has been given a preliminary approval to move forward, as a local court selected a private equity fund as representative plaintiff. According to the article, the suit is the first filed under a South Korean securities class action law that was passed in 2005. The use [...]
Posts Tagged ‘shareholder class action’
South Korea’s First Class Action
Posted in Class Action Decisions, Class Action News, International Class Action Law, tagged International Class Action Law, securities class action, shareholder class action, south korea, south korea class action on June 25, 2009 | Leave a Comment »
Securities Class Action Trends in the US and Australia
Posted in Class Action Trends, International Class Action Law, Securities Class Actions, tagged australia class action, litigation funding, securities class action, shareholder class action, subprime class action on January 5, 2009 | 2 Comments »
As we welcome in the first full business week of 2009, two news sources have recent stories discussing trends in securities class action litigation from 2008. First, the Wall Street Journal Blog reports that 2008 saw an increase in securities class action filings. However, the article also notes that suits actually dipped in the second half of the [...]
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