The National Association of Pension Funds (NAPF) has today (Tuesday) published a new Made Simple guide offering pension funds an introduction to the essential remedies and procedures available to pursue legal claims when affected by securities fraud.
The ‘Securities Fraud & Investor Remedies Made Simple Guide’, sponsored by the law firm Robbins Geller Rudman & Dowd LLP, is the latest addition to the NAPF’s Made Simple series.
Joanne Segars, Chief Executive, NAPF, commented:
“The NAPF’s Made Simple Guides tackle in jargon-free language an array of technical subjects that pension scheme trustees and managers should be familiar with.
“This latest guide sponsored by Robbins Geller Rudman & Dowd LLP (RGRD) introduces the topic of securities fraud and investor remedies. The cost of financial misconduct can be significant to pension funds, and it’s important that schemes understand what securities litigation is and how claims can be pursued, so that should schemes find themselves the victims of securities fraud they are in a position to make informed decisions on behalf of their members.”
Mark Solomon, who leads RGRD's international litigation practice, said:
“Each year billions of pounds are recovered by investors as compensation for losses they suffer when publicly traded companies and their agents mislead them and financial markets, only for the truth ultimately to emerge.
“This Made Simple guide introduces pension funds to the core ingredients of securities litigation in the United States, the United Kingdom, Canada and Australia. The guide's focus is upon the nature, preservation and pursuit of basic claims and remedies available to funds when issuers and their agents defraud them by artificially inflating the prices of securities they purchase."
Securities Fraud & Investor Remedies Made Simple (PDF version) is available to download FREE here. The hard copy guide costs £18 for NAPF members and £35 for non-members. It can be ordered online at www.napf.co.uk.
The new NAPF Made Simple Guide was launched at the NAPF Local Authority conference at the Cotswolds Water Park Four Pillars Hotel, Tuesday 19 May 2015.
Notes to editors:
Other recent made simple guides include topics such as Benchmarks and Indices, ETFs, Fiduciary management and Emerging Markets.
Robbins Geller, with 200 lawyers in ten offices, represents investors worldwide in securities and corporate litigation. The firm has obtained tens of billions of dollars for investors in many of the largest securities recoveries in history, including the largest securities settlement of over $7.2 billion and the largest post-trial class action judgment of over $2.4 billion. Please visit http://www.rgrdlaw.com for more information.
The NAPF is the voice of workplace pensions in the UK. We speak for over 1,300 pension schemes that provide pensions for over 17 million people and have more than £900 billion of assets. We also have 400 members from businesses supporting the pensions sector.
We aim to help everyone get more out of their retirement savings. To do this we spread best practice among our members, challenge regulation where it adds more cost than benefit and promote policies that add value for savers.
NAPF Press Contacts:
Lucy Grubb, Head of Media and PR, NAPF, 020 7601 1726 or 07713 073023, [email protected]
Eleanor Bennett, Press Officer, NAPF, 020 7601 1718 or 07825 171 446, [email protected]
RGRD Press Contact:
Tamara McSweeny, Executive Assistant, RGRD, (001) 619 231 1058, [email protected]