Feess, Eberhard; Halfmeier, Axel - In: The European Journal of Finance 20 (2014) 4, pp. 361-379
In this paper, we analyze the German Capital Markets Model Case Law (KapMuG) enacted to reduce transaction costs in securities mass litigation. The KapMuG is often seen as a European role model trying to enhance investor rights without running the risk of frivolous claims known from the US class...