Investor Losses: A Comparative Legal Analysis of Causation and Assessment of Damages in Investor Litigation

This book focuses on private enforcement of investor protection rules in the US, the UK, Belgium, the Netherlands, Germany, and France. It examines whether and to what extent investors can claim damages for losses incurred, following breaches of specific investor protective rules contained in EU capital market law. The book concentrates on the difficulties and problems in assessing causation and loss. It particularly focuses on those protective rules aimed at empowering investors to assess the variety of investment products and strategies, and it enables them to make well-informed investment decisions, with or without the professional assistance of financial service providers. Analyzing the difficulties investors encounter trying to recover losses following misleading disclosures to the market, incomplete or inaccurate financial advice, or improper asset management, it was established that the notions causation and recoverable loss lack consistency and coherence. Hence, the book formulates practical and useful solutions to the evidential and/or conceptual problems investors encounter in seeking remedies for their alleged losses. [Subject: Private Law, Investment Law, EU Law, Capital Market Law]