NERA Economic Consulting has published its first study on trends in securities class actions in Australia. The study covers a variety of topics, including numbers of filings, industries targeted, and settlement amounts. However, what I found to be of particular interest is the study’s focus on the impact of private litigation funding.
Posts Tagged ‘NERA’
NERA Economic Consulting Reports on Securities Class Action Trends in Australia
Posted in Class Action Trends, International Class Action Law, tagged australia class action, australian class action, Class Action Trends, International Class Action Law, NERA, securities class action on May 6, 2010| Leave a Comment »
NERA Economic Consulting Issues Report on Securities Class Actions in Canada
Posted in Class Action Trends, International Class Action Law, Reports and Surveys, tagged canada class action, canadian class action, NERA, ontario class action, secondary market liability, securities class action on January 28, 2010| Leave a Comment »
Yesterday, NERA Economic Consulting issued a working paper entitled Trends in Canadian Securities Class Actions: 2009 Update. The paper covers offers a variety of figures and statistics on cases being pursued, time to resolution, the values of settlements reached in 2009, the exposure represented by cases still pending, and the number of cases with parallel U.S. proceedings. One key trend discussed in the report is the development of the law on “secondary market liability” provisions of provincial securities acts, especially the Ontario Securities Act. For a primer on secondary market liability in Canada, see this article from Canadian firm McCarthy Tétrault entitled Ten Quick Tips on Minimizing Exposure to Secondary Market Civil Liability.
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