Investment strategies today transcend national borders. Unfortunately, so does fraud. Our Global Securities Litigation group is dedicated to helping investors prosecute corporate fraud claims and recover assets around the world.
Winning on a Global Playing Field
The United States has long been known for the protections it offers shareholders. But in 2010, the Supreme Court’s decision in the Morrison case effectively placed U.S. judicial remedies off-limits to defrauded shareholders who invest in other countries—even if the actual fraud took place here. As a result, investors who had counted on the U.S. legal system to provide a check on corporate misconduct were left to seek redress in unfamiliar jurisdictions.
Kessler Topaz quickly became a leader in helping shareholders pursue remedies in a post-Morrison world. In 2007, we served as co-counsel in the Netherlands’ groundbreaking Royal Dutch Shell European Shareholder Litigation, resulting in a $352 million recovery for non-U.S. investors in 2009. Since then, we have been involved in shareholder litigation in foreign jurisdictions around the globe. We are among the few law firms that actively monitor shareholder claims and actions worldwide, and we regularly advise institutional clients on whether and when to become involved in these cases.
Through our border-crossing work, we have developed a deep understanding of foreign laws and procedures, as well as important relationships with lawyers and experts in more than a dozen countries. Our experience and relationships give clients a unique advantage in pursuing claims on a global basis.
Today, global shareholder litigation continues to evolve, as new jurisdictions begin to allow multiparty or group shareholder actions and debate class action procedures. We are committed to remaining at the forefront of these developments and expanding our resources to best serve shareholders around the world.
Learn more about shareholder litigation in Australia, France, the United Kingdom, Denmark, Canada and Japan.