On February 6, 2025, a group of over 100 institutional investors, represented by Frank Peters and Anita van Wees of Dutch litigation boutique Rubicon Impact & Litigation, sent a demand letter to Koninklijke Philips N.V. (Philips) seeking over EUR 800 million in damages.
Topics: shareholders, protection, shareholder protection, netherlands, regulations, Securities Litigation, investor loss recovery, financial recovery services, shareholder lawsuit, investor lawsuits
DRRT's Managing Partner, Joseph Gulino, spoke at a Webcast hosted by Investment & Pensions Europe. The webinar "Class Actions: Trends In Securities Litigation" discussed various considerations investors should evaluate when participating in loss recovery efforts worldwide.
DRRT is delighted to contribute to Investment & Pensions Europe's "Class Actions: A Guide for Pension Funds and Asset Managers".
DRRT was honored to support and participate in the Improve conference on November 25, 2022. The conference provided insight into protection of the equity, from finances to real estate.
Our Managing Partner Mr. Gulino participated in a panel titled "Class action and investment damage protection instruments", in which he discussed Class Action - The American Model, investment damage protection tools in the United States, and the available loss recovery mechanisms.
The conference addressed the weaknesses of the financial systems that affect retail and institutional investors around the world, the damage assessment, and effective tools to protect investors.
Topics: classaction
For years, investors, including asset managers, insurance companies, mutual and pension funds, as well as other financial institutions around the world have relied almost exclusively on the U.S class action system for the recovery of losses from, investor fraud. They have done so by participating in passive class action settlements or through active opt-out litigation.
Topics: Settlement, Claims Filing
DRRT was honored to support and participate in the ICGN's conference in Seoul on October 5, 2022. We want to thank Mr. Fred Bowman, Investment Officer at Therium Capital Management, and Mr. Joonyup Park, attorney at Kim & Chang and formerly at Korea Investment Corporation for joining our Managing Partner, Joseph Gulino at DRRT's panel, "Shareholder Activism Tools, Litigation as a Tool to Encourage Sound Corporate Governance Practice".
Topics: Global Loss Recovery, ICGN
On Saturday, September 11, 2021, DRRT's Director and Assistant Managing Partner, Joseph Gulino spoke at the Cambridge International Symposium on Economic Crime.
Topics: Symposium, discussion, whisteblower, Economic Crime, lawfirm
On March 23, international law firm DRRT hosted an online webinar called “Whistleblowers and Reporters: Importance of Access to Information.” DRRT mainly focuses on litigation outside of the U.S., where discovery is not possible. The firm stressed the importance that both whistleblowers and journalists have in releasing information critical for investors’ efforts to recover from damages the investors have incurred. The virtual event featured Jonathan Taylor, a whistleblower who exposed corruption and bribery in Dutch company SBM Offshore. The webinar also included Georgina Halford-Hall, chief executive of not-for-profit organization WhistleblowersUK, John Kostyack of the National Whistleblower Center (NWC), Lord Cromwell of the House of Lords in the UK, and Tom Warren, a forensic journalist from BuzzFeed News.
Topics: loss recovery, investors, whisteblowers, article, reporters, webinar, petrobras, uk
Copenhagen, Denmark: On Monday, September 21, 2020, Danish boutique litigation firm KLAR Advokater filed a fifth and final round of complaints against Danske Bank A/S for damages on behalf of 55 institutional investors clients of DRRT and Grant & Eisenhofer. With this additional round of claims totaling over DKK 1.071 billion (€144 million/$169 million) the total amount of the DRRT/G&E group of claims comes to DKK 6.786 billion (€912 million/$1.071 billion) and the number of claimants to 303. The cases were filed in the Copenhagen City Court.
Topics: litigation, shareholders, investors, danskebank, claims, lawsuit
DRRT’s Assistant Managing Partner, Joseph Gulino had the pleasure of speaking at the Sovereign Wealth Fund Institute’s 2020 Institute Fund Summit in Austin, TX. The panel, “Corporate Governance and Shareholder Engagement” discussed some of the corporate governance measures that institutional investors have at their disposal as well as the importance of litigation as a means of shareholder engagement.
Topics: Class Action, shareholders, swfi, stewardship, corporategovernance, ESG, compliance, litigation funding