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- Institutional Investors Opting Out of US Securities Class Actions and Bringing Direct Actions at Increasing Rates
Institutional Investors Opting Out of US Securities Class Actions and Bringing Direct Actions at Increasing Rates
Edouard Fremault and Michael Watson of Deminor share that institutional investors are opting out of securities class actions in order to bring their own direct actions at an increasing rate, suggesting they view the potential returns from opting out as outweighing the costs of being an active litigant in the US.