An American legal firm, specializing in class action suits, is holding a seminar in Singapore in March to explain their service in assisting investors to seek compensation under US securities laws for their investment losses due to wrong doing by the financial institutions. More details about this service is shown in this video.
This firm will only collect a fee based on successful outcome of the legal action. If there is no recovery, no fee is payable. More details of the seminar will be announced later, when details are finalized.
Please provide your particulars in this form, if you are keen to attend the seminar.
I applaud the effort of the American firm for taking the lead. Class action suit is particularly "powerful" if you know how it works. A company can end up in bankruptcy and having to pay many times more as compensation. Because of the nature of class action suits, it can lead to abuse.
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