BATTEA 2022 CLIENT NEWSLETTER
The Battea Report: Q1 2022 Client Newsletter Settlement Funds with Imminent Claims Filing Deadlines COMEX GOLD FIXING TRADING SETTLEMENT: ELIGIBLE CLASS: All persons or entities who during the Class Period: (i) sold gold bullion or gold bullion coins; (ii) sold gold futures contracts traded on COMEX or other exchanges operated in the United States; (iii)…
Battea Class Action Services Chairman Appointed to 2022 CII Markets Advisory Council
Battea Class Action Services Announces Its President, Michael J. McCreesh, Has Been Appointed to The Council of Institutional Investors 2022 Markets Advisory Council STAMFORD, Conn., March 03, 2022–(BUSINESS WIRE)–Battea Class Action Services, LLC, a global expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring, is…
Battea Class Action Services LLC Announces Sale of Minority Interest in Transaction With TowerBrook Capital Partners
Battea Minority Interest Transaction November 03, 2021 07:59 AM Eastern Daylight Time STAMFORD, Conn.–(BUSINESS WIRE)–Battea Class Action Services, LLC (“Battea” or “the Company”), a global provider of turn-key expert class, collective, antitrust and securities litigation recovery services, announced a $100 million minority equity investment from TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment management firm.…
Petrobras Shareholders Burned by ‘Carwash’ Turn to Dutch Court
Petrobras Shareholders Litigation By Peter Millard Dutch class-action case brings together investors outside U.S. Petrobras vows to continue fighting case during merit phase Petróleo Brasileiro S.A. investors excluded from its $2.95 billion “carwash” corruption settlement in the U.S. are signing up for a class-action case in the Netherlands — where the Brazilian oil producer has…
Volkswagen and BMW are fined nearly $1 billion for colluding on emissions technology
Volkswagen Fined $1 Billion By Jack Ewing Germany’s three largest carmakers colluded illegally to limit the effectiveness of their emissions technology, leading to higher levels of harmful diesel pollution, European antitrust authorities said Thursday. Volkswagen and its Porsche and Audi divisions must pay 500 million euros, or $590 million, and BMW will pay €373 million,…
Dutch Court Overturns Ruling in Petrobras Fraud Suit
By Cosmo Sanderson Global Arbitration Review, London (June 18, 2021, 6:25 PM BST) — A Dutch court has reversed its decision to exclude certain claimants from a class action brought on behalf of investors in Petrobras who suffered losses due to the Lava Jato corruption scandal – after it emerged the Brazilian company had taken…
Battea 2021 Client Newsletter
Battea 2021 Client Newsletter Outside of settled cases, the decline in filed cases in 2020 is largely due to business environment interruptions and the impact of the global Covid-19 pandemic. Additionally, M&A activity, generally, was muted for much of 2020, although M&A activity and the predictable merger objection cases started picking up later in the…
Battea and Apex announce partnership for hedge funds, litigation and data analysis
Battea Announces Apex Group Partnership Stamford, CT—Battea Class Action Services, LLC, a global expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring, has formed a new partnership with Apex Group. For more than 20 years, Battea has been the industry leader and consulted as experts…
Market Monthly Newsletter – More than $2.824 Billion settled in the first three quarters of 2020
Battea’s Market Monthly Newsletter: November 2020 More than $2.824 Billion settled through Q3 2020. Urgent Deadlines Loom in Several LIBOR-Based Antitrust Litigations. BILLIONS OF DOLLARS AVAILABLE TO ELIGIBLE INVESTORS: While billions of dollars have already settled in the Foreign Exchange Benchmark Antitrust manipulation case, and have distributed in the Petrobras American Depository Shares (ADS) settlement,…
Institutional Investor Webinar: There’s Currently $15 Billion Available To Eligible Investors. Interested to learn how you can recover?
Institutional Investor Webinar: There’s Currently $15 Billion Available To Eligible Investors. Interested to learn how you can recover? Institutional Investor Webinar: Securities class action settlements help investors recoup losses and deter fraud on a market level. There is currently more than $15 Billion in available settlement funds awaiting distribution. There is a large pipeline of…