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TPO1209
Invitation – Conference "US Securities class actions" followed by a luncheon - September 20th 2012, Cercle de Lorraine, Brussels
Please note your registration is not confirmed until you receive written confirmation from us.
 I would like to attend this conference and luncheon
 I will not be able to attend, but would like to nominate a
colleague to attend in my place:
Title
First name
This exclusive conference is by invitation only and there are limited places available. Your invitation may
be passed on to a senior colleague, however all applications to join this conference are subject to our
approval.
Surname
Job title
Title
First name
Company
Surname
Telephone
Job title
E-mail
Company
Address
Telephone
E-mail
Address
(Please provide your telephone and e-mail, thank you)
 I will not be able to attend
Posted mail:
Dii agency
164 Boulevard Haussmann
75008 Paris - FRANCE
•
•
•
•
RSVP
RSVP directly to:
E-mail: [email protected]
Fax: +33 (0)1 40 06 95 26
Phone: +33 (0)1 43 12 85 55
Dii agency – 164 boulevard Haussmann 75008 Paris - France
Phone: +33 1 43 12 85 55
E-mail: [email protected]
Fax : +33 1 40 06 95 26
Contact:
Invitation - Conference "US Securities class actions" followed by a luncheon
Cercle de Lorraine, Brussels
September 20th 2012
Invitation
US Securities class actions
Best practices to evaluate the availability of class actions.
What kinds of claimants and under what circumstances?
Conference followed by a luncheon
Cercle de Lorraine, Brussels
September 20th 2012
3rd session,
after 2 successful
sessions in Paris
TPO1209
Invitation – Conference "US Securities class actions" followed by a luncheon - September 20th 2012, Cercle de Lorraine, Brussels
Please note your registration is not confirmed until you receive written confirmation from us.
 I would like to attend this conference and luncheon
 I will not be able to attend, but would like to nominate a
colleague to attend in my place:
Title
First name
This exclusive conference is by invitation only and there are limited places available. Your invitation may
be passed on to a senior colleague, however all applications to join this conference are subject to our
approval.
Surname
Job title
Title
First name
Company
Surname
Telephone
Job title
E-mail
Company
Address
Telephone
E-mail
Address
(Please provide your telephone and e-mail, thank you)
 I will not be able to attend
Posted mail:
Dii agency
164 Boulevard Haussmann
75008 Paris - FRANCE
•
•
•
•
RSVP
RSVP directly to:
E-mail: [email protected]
Fax: +33 (0)1 40 06 95 26
Phone: +33 (0)1 43 12 85 55
Dii agency – 164 boulevard Haussmann 75008 Paris - France
Phone: +33 1 43 12 85 55
E-mail: [email protected]
Fax : +33 1 40 06 95 26
Contact:
Invitation - Conference "US Securities class actions" followed by a luncheon
Cercle de Lorraine, Brussels
September 20th 2012
Invitation
US Securities class actions
Best practices to evaluate the availability of class actions.
What kinds of claimants and under what circumstances?
Conference followed by a luncheon
Cercle de Lorraine, Brussels
September 20th 2012
3rd session,
after 2 successful
sessions in Paris
Invitation
According to a recent study*, the total value of all US Securities class action settlements, from 2000 to 2011, was approximately
$64,4 billion. Nevertheless, even with such an impressive amount, a bulk of payouts under the U.S. securities laws still remains
unclaimed, mostly by European and foreign investors who are usually unaware of the opportunity to take part in US Securities
class actions.
In fact, fraud-on-the-market class actions allow buyers in secondary securities markets to recover losses that they incur from
purchasing at prices inflated due to misstatements by the issuing corporation. These actions are based on alleged violations
of section 10(b) of the Exchange Act and Rule 10b-5. Thus US Securities class actions are an efficient tool to help institutional
investors to recover some of their losses caused by corporate lying and fraud by executive managers from US-listed companies.
However, due to a lack of knowledge of the settlement or due to an inability to navigate the sometimes confusing labyrinth
of the claims process, European investors and fund managers are still hesitant to actively pursue this procedure. What internal
policy should companies adopt? What are the key criteria necessary to take part in class actions? What is the procedure? What
are the risks? How does one estimate the potential earnings compared to the cost of the proceedings?...
After two successful sessions in Paris, this conference followed by a luncheon will gather institutional investors, asset managers
and class actions specialists to highlight the opportunities offered by US securities class actions. This event will provide you
with the keys for a successful settlement. You will also benefit from the presence of Marc Gross, Managing Partner from
Pomerantz, who will especially be travelling from New York to share his insights, as the firm is acknowledged as one of the
premier firms in the area of securities class litigation and in the defense of institutional investors in United States.
We look forward to meeting you at this conference-luncheon.
* NERA Economic Consulting study
Agenda
11.30 am
Welcome address
12.00 pm
Chairman’s opening keynote address
12.10 pm
How do US securities class actions work?
• Institutional Investors, Fund Managers, Fund Valuers: who is eligible?
• Active approach (lead plaintiff), passive (absent class member) or statement out of the class action (opt out): clear insight into different ways
to become a plaintiff
• The different steps of the procedure: a focus on the settlement
Marc I. Gross, Managing Partner, Pomerantz Haudek Grossman & Gross LLP New-York
12.40 pm
Panel discussion: what are the real impacts of US Securities class actions on business?
Concrete examples and perspectives for asset managers and institutional investors
• The legal obligation for asset managers to establish an internal policy, preliminary information for shareholders, accounting of incurred costs
and obtained compensation
• The institutional investors’ perception
Anne-Marie Jourdan, Chief Legal Officer, FONDS DE RESERVE POUR LES RETRAITES
Jean-François Poulnais, Former President of the Class Action task group, AFG - French Asset Management Association
Anatoli van der Krans, Senior Advisor Responsible Investment & Governance, MN, formerly known as MN Services, The Netherlands
13.40 pm
Luncheon
Speakers
Anne-Marie Jourdan, Chief Legal Officer
FONDS DE RESERVE POUR LES RETRAITES
Marc I. Gross, Managing Partner
Pomerantz Haudek Grossman & Gross LLP New-York
Anne-Marie Jourdan spent a large part of her career in asset management companies, first
at BNP Paribas Asset Management, then as Head of Legal Department at AGF Asset
Management (now Allianz Global Investors). Appointed in 2005 at the Fonds de Réserve
pour les Retraites, the French reserved fund, she contributes in legal terms at its assets
management operating through the delegation of the investment management agreement
to European or international investment companies and selection of French or foreign funds.
Marc I. Gross is the Firm's Managing Partner. For over three decades, he has focused on
securities fraud class actions and derivative actions, while also litigating antitrust and
consumer cases. Mr. Gross heads the Firm's Institutional Investor Practice and New Case
Groups. He is Lead Counsel in many of the Firm's major pending cases, including
Chesapeake, a case challenging a grant of a $75 million bonus to the company's CEO,
in a year when the company's profits plunge and its stock price fell 60%.
Jean-François Poulnais Former President of the Class Action task group
AFG - French Asset Management Association
Anatoli van der Krans, Senior Advisor Responsible Investment & Governance
MN, formerly known as MN Services, The Netherlands
During his carrier, Jean-François Poulnais has been lead to testify twice in the United
States at the occasion of opt-out procedures on Securities Class actions. In 2009, he
was one of the speakers at the Scottsdale Arizona ILEP conference, which gathered
different specialists of class actions in the United States. Jean-François was President
of the Class Action task group of the French Asset Management Association - AFG –
and of the Market Law task group.
Anatoli van der Krans coordinates the shareholder litigation programme at MN, one of
the largest pension administrators and asset managers in the Netherlands. MN manages
80 billion euros and shareholder litigation is an extra tool in being an active owner.
He currently represents the lead plaintiff in two US class action cases and is very active
in comparable European legal actions to recover damages, as well as in Japan. He has
been involved in several settlements via The Dutch Class Action (Financial Settlement)
Act - WCAM. Before joining MN, Anatoli was a lawyer at a major Dutch law firm
specializing in corporate and securities law.
Dii agency
164 boulevard Haussmann
75008 Paris
FRANCE
Invitation
According to a recent study*, the total value of all US Securities class action settlements, from 2000 to 2011, was approximately
$64,4 billion. Nevertheless, even with such an impressive amount, a bulk of payouts under the U.S. securities laws still remains
unclaimed, mostly by European and foreign investors who are usually unaware of the opportunity to take part in US Securities
class actions.
In fact, fraud-on-the-market class actions allow buyers in secondary securities markets to recover losses that they incur from
purchasing at prices inflated due to misstatements by the issuing corporation. These actions are based on alleged violations
of section 10(b) of the Exchange Act and Rule 10b-5. Thus US Securities class actions are an efficient tool to help institutional
investors to recover some of their losses caused by corporate lying and fraud by executive managers from US-listed companies.
However, due to a lack of knowledge of the settlement or due to an inability to navigate the sometimes confusing labyrinth
of the claims process, European investors and fund managers are still hesitant to actively pursue this procedure. What internal
policy should companies adopt? What are the key criteria necessary to take part in class actions? What is the procedure? What
are the risks? How does one estimate the potential earnings compared to the cost of the proceedings?...
After two successful sessions in Paris, this conference followed by a luncheon will gather institutional investors, asset managers
and class actions specialists to highlight the opportunities offered by US securities class actions. This event will provide you
with the keys for a successful settlement. You will also benefit from the presence of Marc Gross, Managing Partner from
Pomerantz, who will especially be travelling from New York to share his insights, as the firm is acknowledged as one of the
premier firms in the area of securities class litigation and in the defense of institutional investors in United States.
We look forward to meeting you at this conference-luncheon.
* NERA Economic Consulting study
Agenda
11.30 am
Welcome address
12.00 pm
Chairman’s opening keynote address
12.10 pm
How do US securities class actions work?
• Institutional Investors, Fund Managers, Fund Valuers: who is eligible?
• Active approach (lead plaintiff), passive (absent class member) or statement out of the class action (opt out): clear insight into different ways
to become a plaintiff
• The different steps of the procedure: a focus on the settlement
Marc I. Gross, Managing Partner, Pomerantz Haudek Grossman & Gross LLP New-York
12.40 pm
Panel discussion: what are the real impacts of US Securities class actions on business?
Concrete examples and perspectives for asset managers and institutional investors
• The legal obligation for asset managers to establish an internal policy, preliminary information for shareholders, accounting of incurred costs
and obtained compensation
• The institutional investors’ perception
Anne-Marie Jourdan, Chief Legal Officer, FONDS DE RESERVE POUR LES RETRAITES
Jean-François Poulnais, Former President of the Class Action task group, AFG - French Asset Management Association
Anatoli van der Krans, Senior Advisor Responsible Investment & Governance, MN, formerly known as MN Services, The Netherlands
13.40 pm
Luncheon
Speakers
Anne-Marie Jourdan, Chief Legal Officer
FONDS DE RESERVE POUR LES RETRAITES
Marc I. Gross, Managing Partner
Pomerantz Haudek Grossman & Gross LLP New-York
Anne-Marie Jourdan spent a large part of her career in asset management companies, first
at BNP Paribas Asset Management, then as Head of Legal Department at AGF Asset
Management (now Allianz Global Investors). Appointed in 2005 at the Fonds de Réserve
pour les Retraites, the French reserved fund, she contributes in legal terms at its assets
management operating through the delegation of the investment management agreement
to European or international investment companies and selection of French or foreign funds.
Marc I. Gross is the Firm's Managing Partner. For over three decades, he has focused on
securities fraud class actions and derivative actions, while also litigating antitrust and
consumer cases. Mr. Gross heads the Firm's Institutional Investor Practice and New Case
Groups. He is Lead Counsel in many of the Firm's major pending cases, including
Chesapeake, a case challenging a grant of a $75 million bonus to the company's CEO,
in a year when the company's profits plunge and its stock price fell 60%.
Jean-François Poulnais Former President of the Class Action task group
AFG - French Asset Management Association
Anatoli van der Krans, Senior Advisor Responsible Investment & Governance
MN, formerly known as MN Services, The Netherlands
During his carrier, Jean-François Poulnais has been lead to testify twice in the United
States at the occasion of opt-out procedures on Securities Class actions. In 2009, he
was one of the speakers at the Scottsdale Arizona ILEP conference, which gathered
different specialists of class actions in the United States. Jean-François was President
of the Class Action task group of the French Asset Management Association - AFG –
and of the Market Law task group.
Anatoli van der Krans coordinates the shareholder litigation programme at MN, one of
the largest pension administrators and asset managers in the Netherlands. MN manages
80 billion euros and shareholder litigation is an extra tool in being an active owner.
He currently represents the lead plaintiff in two US class action cases and is very active
in comparable European legal actions to recover damages, as well as in Japan. He has
been involved in several settlements via The Dutch Class Action (Financial Settlement)
Act - WCAM. Before joining MN, Anatoli was a lawyer at a major Dutch law firm
specializing in corporate and securities law.
Dii agency
164 boulevard Haussmann
75008 Paris
FRANCE