Press Releases
Washington Mutual Class Action Suit SettledJuly 4 2011, 3:52 pm
Washington Mutual Inc. (WMI/WaMu) and other defendants have settled to pay $208.5 million in a class action lawsuit that was derived from WaMu’s collapse in 2008. Washington Mutual Inc., a savings bank holding company that was created in 1898, had collapsed in 2008. The company’s fall has been attributed to a focus on lower-income borrowers [...]
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May 10 2011, 1:00 pm
The 4th GOAL group report Key Findings - $17.39 billion (£10.72bn/€12.24bn) of investors’ rightful returns from their foreign shares and bonds were lost in the latest financial year because withholding tax on dividends and income is not being properly reclaimed. - This represents an increase of over 50% in the annual amount lost compared with [...]
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April 7 2011, 4:17 pm
Since the late 1990s, equities investment has been through significant peaks and troughs. Hyped to unsustainable values in the dotcom boom, the post-millennial stock market crash then wiped billions off portfolio values. Growth throughout the Noughties was followed by a similar radical depression in capital values in 2008 financial markets crisis and its aftermath. Since that [...]
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October 21 2010, 1:37 pm
New report from GOAL Group highlights losses suffered by pension funds in Northern Europe and amounts likely to be recouped through securities class actions A new report from GOAL Group, the leading global class action services specialist, shows that over the next few years, £1.4 billion will be recouped by UK pension funds participating in [...]
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March 17 2010, 10:11 am
New report from GOAL Group highlights missed opportunity for superannuation funds to participate in US securities class actions Following on from GOAL’s European study published in early 2008, a new report from GOAL Group, the leading global class action services specialist, shows that between 2007 and 2009 Australian superannuation funds’ non-participation in US securities class [...]
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September 22 2009, 2:43 pm
Information from Interactive Data’s class actions service together with Goal’s solution can provide support throughout the entire lifecycle of a securities class action 
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July 27 2009, 10:42 am
UK pension funds have recently spearheaded class actions lawsuits against high profile multi-nationals. Should all schemes follow their lead? asks Matthew Craig After suffering substantial investment losses at companies hit hard by the credit crunch, a number of UK pension funds have revealed their involvement in class actions aimed at winning compensation. The Northern Ireland [...]
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July 17 2009, 10:55 am
US — UK and European pension funds will be included as members of a consolidated class action against Royal Bank of Scotland, after a court ruling knocked them out of the running to be co-lead plaintiffs. The complaint filed yesterday by law firm Cohen Milstein Sellers & Toll include UK schemes Merseyside Pension Fund and [...]
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February 10 2009, 2:01 pm
A study by GOAL Group into unreclaimed funds resulting from the settlement of securities class actions in the US. Management Summary Filings for securities class actions are on the rise again in the US Total securities class action settlements in 2007 are down on 2006, but the average settlement rate is up Over 25% of [...]
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November 10 2008, 2:07 pm
A study by GOAL Group into unreclaimed funds resulting from the settlement of securities class actions in the US Management Summary In the wake of the financial markets crisis, filings for securities class actions are on the rise again in the US Average settlement values are around $30 million. But average investor losses (a major [...]
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May 1 2006, 3:35 pm
The Third GOAL Group Report on the Securities Withholding Tax Reclamation Market GOAL Group, May 2006 Management Summary Key Findings $10.5 billion (€8.5bn) of investors’ rightful returns from their foreign shares and bonds were wasted in the latest financial year because withholding tax on dividends and income is not being properly reclaimed. This represents around [...]
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December 10 2005, 2:10 pm
A GOAL Report on losses sustained by UK private investors through unreclaimed withholding tax on cross border securities Key Findings - UK private investors are missing out on almost a quarter of a billion pounds (£251m) because they do not reclaim tax on dividends from their foreign securities. This represents a loss of around 13-14% [...]
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August 10 2003, 3:12 pm
The Second Interim GOAL Report on losses sustained through unreclaimed withholding tax on cross border securities. Examining the proportion of the $6 billion global losses incurred by US, UK, German, Japanese, Dutch, French, Swiss, Luxembourg and Italian investors. Key Findings - Largest losses from unreclaimed withholding tax on cross-border securities in the last year, were [...]
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