Invitation – Conference «US Securities class actions» followed by a luncheon - Cercle de Lorraine, Brussels, April, 1st 2015

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Dii agency 164 Boulevard Haussmann 75008 Paris - FRANCE

Invitation - Conference «US Securities class actions» followed by a luncheonCercle de Lorraine, BrusselsApril, 1st 2015

Contact:

• Dii agency – 164 boulevard Haussmann 75008 Paris - France• Phone: +33 1 43 12 85 55• E-mail: al@development-institute.com• Fax : +33 1 40 06 95 26

US Securities class actionsA unique European benchmark on best practices to benefi t from this fi nancial legal tool

Invitation

Conference followed by a luncheon

8th editionafter previous events in

Paris, Geneva & Frankfurt

Cercle de Lorraine, BrusselsApril, 1st 2015

Class actions are currently in the spotlight:• on June 2013, the European Commission set out a series of non-binding

principles for collective redress mechanisms renforcing the rights granted to infringed citizens and companies. The commission asked member states to put in place appropriate measures by the end of 2015

• this initiative also gave rise to the Directive on Antitrust Damages Actions, signed into law on 26 November 2014

• in France, an opt-in group action law has been adopted on February 2014.

US Securities class actions is a specific legal tool designed for professionals in finance, usually unaware of the opportunity to take part in US Securities class actions. A bulk of payouts under the U.S. securities laws still remains unclaimed, mostly by European and foreign investors. In fact, fraud-on-the-market class actions allow buyers in secondary securities markets to recover losses that they incur from purchasing at inflated prices due to misstatements by the issuing corporation or fraud by executive managers from US-listed companies.

However, due to a lack of knowledge of the settlement or due to an inability to navigate the sometimes confusing labyrinth of the claims process, European investors and fund managers are still hesitant to actively pursue this procedure. What are the key criteria necessary to take part in class actions? What is the procedure? How does one estimate the potential earnings compared to the cost of the proceedings?

After 7 successful sessions in Paris, Geneva and Frankfurt, this conference followed by a luncheon will gather institutional investors, asset managers and class actions specialists to highlight the opportunities offered by US securities class actions. You will benefit from the expertise of peers in Europe and the presence of Jeremy Lieberman, Partner from Pomerantz, who will especially be travelling from New York to share his insights, as the firm is acknowledged as one of the leading firms in the area of securities class litigation and in the defense of institutional investors in United States.

We look forward to meeting you at this VIP conference-luncheon.

Inv

itatio

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Dii agency164 boulevard Haussmann75008 ParisFRANCE

SpeakersJeremy A. Lieberman, Partner, Pomerantz LLP-New-York

Jeremy A. Lieberman became a partner with the Pomerantz Firm in January 2010. As specialist in securities litigation, he has had an active role in a number of high-profile securities class and derivative actions, including Comverse Technology Sec. Litig., in which he achieved with his team a historic $225 million settlement, the second-largest options backdating settlement to date. Mr. Lieberman is working

to craft a response to the Supreme Court’s ruling in Morrison v. Nat’l Australia Bank, Ltd.., 130 S. Ct. 2869 (2010). Currently, he is representing several UK and EU pension funds and asset managers in individual actions against BP PLC in the United States District Court for the Southern District of Texas.

Anne-Marie Jourdan, Chief Legal Officer, Fonds de Reserve pour les Retraites

Anne-Marie Jourdan spent a large part of her career in asset management companies, first at BNP Paribas Asset Management, then as Head of Legal Department at AGF Asset Management (now Allianz Global Investors). Appointed in 2005 at the Fonds de Réserve pour les Retraites, the French reserved fund, she contributes in legal terms at its assets management operating through the

delegation of the investment management agreement to European or international investment companies and selection of French or foreign funds.

Jean-François Poulnais, Head of Data Bases - Head of Fatca Project including class action settlement, Amundi

Previously in Amundi he was heading the legal Department of Products, Markets Contracts and Class Actions Settlements. Concerning class action, he was chairing the working group in the French professional association (AFG); he made estimonies in Opt out affairs in the US. He is still in charge of all recoveries in

securities class action for Amundi. Before joining the company in January 2009, Jean-François was head of legal in Allianz Global Investors in France between 2005 and 2009; he was previously Deputy Head of HSBC Legal Department in France, and head of legal, compliance & sales reports in ING Investment management France between 1999 and 2003.

Noah R. Wortman, Chief Operations Officer, Americas, Goal Group

Noah joined Goal Group in 2013 with over fifteen years of experience assessing and analyzing potential corporate misconduct in the financial markets, in addition to helping to find litigation solutions in jurisdictions across the globe for investors worldwide. In 2001, Noah joined Kessler Topaz Meltzer & Check LLP,

a Philadelphia law firm that focuses on securities class action litigation where he developed a concentration in lead plaintiff jurisprudence. In 2006, Noah joined Rigrodsky & Long, P.A. as its Case Development Director where he was responsible for the identification, research and initiation of shareholder class action lawsuits arising from possible breaches of fiduciary duties by corporate boards in M&A transactions and violations of the federal securities laws. In 2012, Noah was part of the team that established the Investor Protection Litigation department for London-based Stewarts Law LLP. Noah was responsible for identifying, researching, developing, marketing and initiating shareholder class actions arising from possible breaches of fiduciary duties and violations of the American federal securities laws. Noah also regularly directed and assisted international investors in analysis of transactional data to determine eligibility in class action and/or opt-out litigation.

Prof. Dr. Axel Halfmeier, Professor, Leuphana Universität Lüneburg - Germany

Axel Halfmeier is Professor of Civil Law, Private International Law and Comparative Law at Leuphana University Lüneburg. One of his main research interests is the law of collective litigation, including consumer and investor protection, in particular in transnational situations. In 2009, he was in charge of the academic evaluation

of the German «Kapitalanleger-Musterverfahrensgesetz» (KapMuG), commissioned by the German Federal Ministry of Justice. He also testified in 2012 before the German parliament as an expert on the KapMuG. His publications include commentaries and articles on the KapMuG and other collective procedures, on transnational litigation, and on the relationship between US and Dutch class action procedures with German law.

11.30 am Welcome address

12.00 pm Chairman’s opening keynote address

12.10 pm How do US securities class actions work? - Institutional Investors, Fund Managers, Fund Valuers:

who is eligible? - Active approach (lead plaintiff), passive (absent class

member) or statement out of the class action (opt out): clear insight into different ways to become a plaintiff

- The different steps of the procedure: a focus on the settlement

• Jeremy A. Lieberman, Partner, Pomerantz LLP-New-York

12.40 pm European Panel discussion: what are the real impacts of US Securities class actions on Business? What are the best practices in Europe?

Concrete examples and perspectives for asset managers, institutional investors and trustees

• Anne-Marie Jourdan, Chief Legal Officer, FONDS DE RESERVE POUR LES RETRAITES

• Jean-François Poulnais, Head of Data Bases – Head of Fatca Project including class action settlement, Amundi

• Noah Wortman, Chief Operations Officer, Americas, Goal Group

• Philippe Kerdoncuff, Head of Global Custody Product Management, BNP Paribas Securities Services

• Prof. Dr. Axel Halfmeier, Professor, Leuphana Universität Lüneburg - Germany

13.40 pm Luncheon

Agenda

Philippe Kerdoncuff, Head of Global Custody Product BNP Paribas Securities Services

Philippe Kerdoncuff has been with BNP Paribas Securities Services since 2001 and had several positions with the Bank including Global Relationship Manager of AXA Group and Head of New Markets Development team between 2006 and September 2010 where he was in charge of the geographical expansion of

BNP Paribas Securities Services. Prior to joining BNP Paribas, Philippe has spent twelve years at Société Générale within the Securities Services division where he had various assignments in France, Spain, USA (Location Manager) and Ireland (Managing Director of Société Générale Asset Management Ireland). Philippe is a French citizen and holds a Master degree in Economics and a post-graduate degree in Bank and Finance from University Paris-Dauphine.