Specialist help with securities class actions
Unless you are an ascetic hermit pondering the meaning of the universe in a remote cave somewhere, you will, no doubt, have heard of the credit crunch. Millions of people all across the planet have been affected by this financial crisis. The appalling lack of foresight and managerial skills displayed by the world’s bankers, the lack of awareness of the areas and risks in which their banks were investing billions of pounds or dollars or yen is breath-taking. Many of the UK’s top banks have either been nationalised or been reduced to penny shares after having the government take a majority stake to prevent their complete collapse. But we could be in for just the beginning – the credit crunch has caused a world-wide recession unlike anything we have seen since the great depression of the 1930’s.
Unemployment is heading skyward like a rocket across the globe and property prices have fallen off the edge of a precipice, along with the stock markets. There will undoubtedly be a massive increase in securities class actions as people seek to reclaim money from companies that have mismanaged or unlawfully stolen from the stakeholders. But class actions are not a straightforward task. They later acquired a company with expertise in the area of representative actions, so if you need help to recover some of your lost money, this maybe the place to go.