The companion paper to our webcast today is now available for public consumption here.

Some key findings:

- The first instance we were able to find of an international institutional investor seeking to serve as a lead plaintiff was in 1999, in the Network Associates litigation.

- Every year since then has seen at least one international institutional investor seeking to serve as a lead plaintiff in a class action.

- International institutional investors sought to serve as lead plaintiffs 182 times in 98 different cases during that period.

- The cases where these investors were involved were not limited to those involving non-US companies - Prominent examples included Delphi, Coca Cola, General Motors, and Dell.

- The international institutional investors that filed lead plaintiff motions were from 17 different countries. Germany, Canada, and Israel were the countries with the largest number of movants.

- The lead plaintiff movants were represented by 23 different law firms. The law firm that represented international institutional investors most often – Milberg Weiss, followed by Schiffrin Barroway Topaz & Kessler, Bernstein Litowitz, Berger & Grossman, and Grant & Eisenhofer.

We hope to update this research on an annual basis, so stay tuned...