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A significant spike in securities class actions became globally evident with the U.S. Supreme Court’s 2010 decision in Morrison. Countries with class and collective action laws, such as the Netherlands and Germany, witnessed increased securities litigation. Many other countries over the decade enacted new class and collective action legislation. Most recently, the European Union Parliament passed an EU-wide collective action statute, which we review in detail.
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Broadridge is a global technology leader with trusted expertise and transformative technology, helping our clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resilience, elevating business performance, and transforming investor experiences.