Lawyers for the association Collectif Porteurs H2O have filed a legal case against four Luxembourg entities H2O AM, Natixis IM, KMPG and Caceis before the Paris Commercial Court. They claim that the losses suffered by the 6,077 investors they represent in an investment case from 2015 to 2020 total some €717m.
During the first quarter of 2023, 21 stories were written about non-ERISA lawsuits that involve legal prosecution or settlements, with an additional 97 stories on legislation and regulation. Forty-three representatives and senators were mentioned.