Wrapping it up, 27 March
The following articles have appeared in the past few days or so:
- Financial Times (FTfm section), a continuance of the debate on class actions in Europe and European plaintiffs in the US
- LegalWeek on the influence of the Sarbanes-Oxley Act on UK legislation
-
Pensions Week (via Securities Litigation Watch), Grant & Eisenhofer PA’s response to reports on capital markets competitiveness and other critics of the current US securities litigation system
A quote from the latter:
We share [Association of British Insurer’s] Peter Montagnon’s desire to see the U.S. initiate a system of corporate governance that makes corporate executives truly accountable to shareholders. However, vested business interests in the U.S. have successfully fought off every attempt to achieve our shared goal. Against that backdrop, we would welcome his support for the corporate governance changes that are being won through shareholder litigation.