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Monday, May 7, 2007

Institutional Shareholder Services to Hold May 9 Webcast on Securities Litigation Trends
Submitted by: Sarah Cohn, Director of Communications

ISS will hold a special Governance Forum webcast, Accountability Goes Global: International Investors and U.S. Securities Class Actions, on Wednesday, May 9 at 9:30 a.m. Eastern Daylight Time.

Recent media reports have noted that the class action concept, while often foreign to non-U.S. investors, is increasingly taking hold worldwide, as investors seize the power that collective action offers to similarly situated litigation groups. During ISS’ forum, panelists Mark Willis, a Partner at Cohen, Milstein, Hausfeld, Toll, P.L.L.C.; and Elli Kioupi, General Counsel at Avalon Holdings, will discuss why international investors are becoming more active in U.S. class action cases. Adam Savett, ISS Vice President of Securities Class Action Services, will moderate the panel and also share some of the key findings from his forthcoming paper, Accountability Goes Global: International Investors and U.S. Securities Class Actions.

To attend the online forum, please register here.

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