Collective actions and litigation funding and the impact on securities claims: a global snapshot

A new report from Allianz Global Corporate & Specialty (AGCS) in collaboration with Clyde & Co examines the spread of collective actions and litigation funding around the world. It notes that while class actions have long been prevalent in the US, in recent times they have spread throughout the globe, driven by a combination of corporate scandals, legislative reform and a developing appetite for litigation outside of traditional markets like the US.