Holly Roach reports on how the schemes won a US class action case, reaching a $350m settlement.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
PP looks at how UK attempts to replicate US-style class actions can help schemes
The introduction of US-style class actions in the UK next month could enable schemes to seek damages collectively from bank manipulation of Libor and foreign exchange (FX).
Shareholders in Royal Bank of Scotland (RBS) who are suing the bank over a £12bn rights issue made months before its near-collapse will have their first day in court tomorrow.
Pension schemes and other institutional investors have filed an amended complaint alleging "rampant nepotism" and "failed corporate governance" at News Corp. in light of the ongoing British phone hacking scandal.
Pension funds would rather sell stock than take securities class action because it is too costly and time-consuming, delegates heard.