Webinars

February 27, 9:00 AM EST, and February 27, 2:00 PM EST

On Feb. 27, 2012, ISS held two webinars previewing the new ISS Powers of Attorney (“PoA”) Service, which will go live on Mar. 2, led by Brian Russo, Head, Proxy Voting Product Management. Global investors need completed PoAs on file for votes to be accepted in certain markets such as Brazil, Egypt, Sweden and Turkey. The list of markets requiring PoAs can differ depending on custodian and the documentation necessary is determined by the custodian and local subcustodian relationship.  Local market regulations affect the timing of PoA expiration and additional requirements such as notarization and consularization introduce further complexity. ISS’ PoA service is designed to reduce the considerable internal manpower, resources and time each year spent tracking and managing the PoA paperwork manually. It helps you reduce operational risks and increase compliance by avoiding PoAs being missed and votes rejected.

If you were unable to attend the webinars, you may request access to the webinar replay.

22 February 2012, 10:00 AM EST

During the informative webinar lead by Luke Green, Head of Securities Class Action Services Research, the Converium decision was discussed along with the broader implications for global asset recovery.

As outlined in our case brief, the Converium decision in the Netherlands has been gaining global interest as it marks the first time that a European court has approved a class action settlement on an opt-out basis (U.S. style) regarding the securities of a company not based in the Netherlands, whose securities were traded on a foreign exchange, and where the class included few Dutch residents. The settlement, worth an estimated $58.4 million, presents a notable opportunity for asset recovery in its own right. Significantly, it may also demonstrate that investors have legal recourse in Europe even if they are left out in the cold by the changing legal landscape in the United States.

Are you following the Sino-Forest securities class action case?

We are. Its a high profile class action case in Canada that has significant shareholder implications.

During the January 17, 2012 webinar, Luke Green, Head of Securities Class Action Research, covered the following:

•         Background on the Sino-Forest Case
•         What to Watch for in this Case: Likelihood of Settlement and Asset Recovery Opportunity
•         Broader Implications for Asset Recovery in Canada

Tuesday, October 25, 2011, 2:00 PM EDT

Please join Luke Green, Head of Securities Class Action Services Research, and two well-known experts, Duke University Law Professor James D. Cox and Vanderbilt University Law Professor Randall S. Thomas, for a panel discussion on how institutional investors have used securities class-action litigation to obtain significant governance reforms. 

July 19, 2011 11:00 AM EDT

ISS hosted webinar on the impact of the U.S. Supreme Court’s historic Morrison v. National Australia Bank decision, which continues to have major implications for pension funds and other institutions that own shares in non-U.S. companies. The hour-long webinar is moderated by Luke Green, head of research for ISS’ Securities Class Action Services, who has closely followed legal developments since the June 2010 Morrison decision.