Asians fail to join class action claims

Dear Kin Lian,

I am not one of those affected investors, but I think this class action in US could be something for our institutional investors to think about. Thank you.

Asian investors are missing out on billions of dollars by not taking part in class action lawsuits against US companies whose managers have been accused of improper corporate behaviour, according to a study.

Pension and asset managers in the region failed to claim a combined $1.5bn in compensation between 2000 and 2007, said Goal Group, a class action services specialist.

This article can be found at:
http://www.ft.com/cms/s/0/a74a4388-b409-11dd-8e35-0000779fd18c,_i_email=y.html