Securities Litigation - A Growth Area

Introduction

This webinar will provide an update on the developing area of securities litigation in England and Wales which has seen a growing number of high-profile class actions brought on behalf of shareholders.

It will explain why this is an increasing area of risk with higher claim volumes; it will outline the main causes of action that are used; provide an update on important recent case law (including Autonomy & ors v Michael Richard Lynch & anr [2022]; Allianz Global Investors GmbH and Ors v G4S Ltd [2022]; SL Claimants v. Tesco plc and MLB Claimants v Tesco plc [2019]; Sharp v Blank [2019]); and the key practical takeaways from these cases.

This webinar is suitable for those advising or working in listed companies with responsibility for making disclosures to the market and other professional services firms who work with listed companies who are interested how securities litigation is developing in England and Wales.

What You Will Learn

This webinar will cover the following:

• Shareholder claims market: context and background
• Types of claims available to shareholders (public v private companies), including:
• Section 90 of FSMA and Section 90A/Schedule 10A of FSMA
• Common law duties to shareholders; misrepresentation; breach of contract; breach of directors’ duties
• Common practical and legal issues that arise in relation to claims under Section 90 and Section 90A/Schedule 10A of FSMA
• Case law update and key practical takeaways

This webinar was recorded on 26th October 2022