Class Actions and Securities Litigation for Pension Funds

Litigation is now utilized as a powerful tool for recovering capital and stewardship by a growing number of institutional investors. Kessler Topaz Meltzer & Check, LLP will provide valuable insight on how to select strategic service providers that combine comprehensive portfolio monitoring and global claims filing and deep legal expertise. Simply filing claims in U.S. class action settlements is no longer adequate to meet your fiduciary obligations, but investors have to be weary of simply chasing everything. This session will show you how to identify a service provide that provides both. In addition, data security measures and other considerations will be discussed. As investors seek to promote ESG goals through their investments, Labaton Keller Sucharow Partner Carol C. Villegas will discuss the pros and cons of divesting to influence change within the companies in which they invest. Carol will also provide valuable insights into the potential implications of the U.S.'s new presidential administration and SEC chair, highlighting potential shifts like reduced proxy powers and alternative strategies for investors seeking to drive corporate governance change. The session will draw on recent research and examples to argue whether investors should divest or retain their investments to promote ESG practices in an organization.