This thesis is divided in two parts. The first part consists of a comparative research into prospectus liability regimes under Dutch, German, French and English law. Analysing collective proceedings is important, because in most cases similar misinformation claims are made by a vast number of investors affected by the same information.
Given the background of these investors is international, part II analyses the private international law questions arising in cross-border collective proceedings in the EU. In particular, the issues of jurisdiction, applicable law and recognition of judgments arise in collective action or collective settlement proceedings based on the opt-out model, such as the Dutch Collective Settlement of Mass Damage Act (WCAM).
This thesis concludes that the current EU regulations on private international law are unfit for collective proceeding. In the end, some recommendations to adapt these EU regulations are provided for.