3VB Group Litigation Blog: Trial split in group claims under FSMA ss.90 & 90A: some recent developments
In the latest post on the 3VB Group Litigation Blog, Jonathan Nash KC and Judy Fu reflect on group claims by shareholders against issuers of listed securities under ss.90 and/or 90A of FSMA, which have become increasingly common in recent years.
When corporate misconduct is brought to light in (for example) public enquiries, investigations or settlements with regulatory or prosecuting authorities, claims under ss.90 and 90A often follow. Jonathan and Judy consider the large number of issues claims such as these can involve, both from Defendant-side and Claimant-side perspectives.
This post begins with a survey of the relevant cases, before turning to consider what conclusions can be drawn from them and the profound impact on settlement pressures at different stages in the litigation.
Read the blog.
The 3VB Group Litigation Blog was launched in March 2024. Peter de Verneuil Smith KC and Adam Kramer KC are the General Editors.
About the 3VB group litigation team
3VB covers all forms of commercial group litigation ranging from group litigation orders with thousands of claimants to representative actions and test claims brought by a single claimant. For more information about 3VB’s established expertise in group actions, click here.
