Battea Q1 2024 Client Newsletter
Battea Q1 2024 Client Newsletter KEY TAKEAWAYS In the recent Securities Class Action Settlements Report from Cornerstone Research, “The [2023] median settlement amount of $15.0 million marked the highest level since 2010…the average settlement amount ($47.3 million) increased by 25% over 2022.” Immediate data request required for $580,008,750 Stock Loan Antitrust Settlement. There is more…
Battea Class Action Services appoints Michael J. McCreesh as CEO
STAMFORD, Conn., Dec. 13, 2023 /PRNewswire/ – Battea Class Action Services, LLC, the leading global experts in providing “one-stop” international investment recovery from antitrust and securities class actions and litigation research and monitoring to more than 1,000 clients including banks and hedge funds, has announced the appointment of Michael J. McCreesh, as the Company’s CEO, reporting directly…
Battea Q3 2023 Client Newsletter
Battea Q3 2023 Client Newsletter KEY TAKEAWAYS There’s more than $2.2B available to eligible investors in some of the largest securities class and collective action settlements around the globe with claims filing deadlines in the next three months. In the recent “Securities Class Action Filings: 2023 Midyear Assessment” report from Cornerstone Research, there were 114…
Dutch Court Enters Interim Merits Judgment in Favor of Petrobras Investors
Petrobras Shareholders Litigation By Kevin LaCroix In a milestone development in the long-running Dutch collective investor action brought against Petrobras and related entities, a Netherlands court has ruled on the merits in favor of the Foundation bringing the action on behalf of investors, holding that Petrobras harmed investors by publishing misleading financial information. Though the…
Big Step Towards Compensation for International Shareholders and Investors Against Petrobras in EU-Based Class Action in Netherlands Court
After 7 years of litigation and almost falling off the investment community’s radar, the Stichting Petrobras Compensation Foundation—supported by many international Petrobras shareholders and bondholders—achieves an important Interim Judgment in a Dutch court on several counts, including fraud, against oil giant Petrobras EINDHOVEN, Netherlands–(BUSINESS WIRE)–On July 26, 2023, the Stichting Petrobras Compensation Foundation (“Foundation”) prevailed substantially in…
Battea Class Action Services Announces the Successful Integration of its Digital Asset Recovery Technology (“DART”) to help Institutional Investors in Recovering Damages Related to Cryptocurrency Investments
STAMFORD, Conn. – July 11, 2023 – Battea Class Action Services, LLC, the global leading expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring to more than 1,000 institutional investors, banks and hedge funds, announces the completion and integration of its Digital Asset Recovery Technology…
Battea Class Action Services Announces Partnership with SimCorp to Provide its Clients with Best-in-Class Global Damage Analysis & Securities Class and Collective Action Claim Filing
Stamford, CT – June 27, 2023 – Battea Class Action Services, LLC, the global leading expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring to more than 1,000 institutional investors, banks and hedge funds, announced a partnership with SimCorp, a provider of investment management solutions. Over…
Battea Q1 2023 Client Newsletter
Battea Q1 2023 Client Newsletter Antitrust Settlement Funds with Imminent Claims Filing Deadlines BBSW (AUSSIE BANK BILL SWAP RATE) SETTLEMENT: ELIGIBLE CLASS: All persons who purchased, acquired, sold, held, traded or otherwise had any interest in BBSW-Based Derivatives at any time from January 1, 2003 through August 16, 2016 (the “Class Period”), inclusive. ELIGIBLE INSTRUMENTS:…
Convergence League Table & Industry Discussion
Convergence League Table & Industry Discussion In the 24th installment of the Convergence League Table & Industry Discussion, Battea‘s Mike McCreesh and Bob Donahoe, joined Convergence’s George Evans, to provide an update on the state of the industry, upcoming litigations, new settlements and investor challenges. Other topics and takeaways include: Overview of Battea Class Action…
Battea International Litigation Spotlight: Australia
Battea International Litigation Spotlight: Australia In another installment of Battea’s “International Litigation Spotlight”, David Abel, External Counsel to Battea Class Action Services, along with Brett Spiegel and Cameron Myers, both Principal Lawyers at Phi Finney McDonald, highlight the important implications Australia may have on shareholder litigation in 2023 and beyond.