Along the way Fleming became a master at targeting companies with thousands of individual lawsuits, in order to wrest larger settlements--and fees--than he might otherwise have won through a class action.
Alongside local companies such as Schroder Investment Management and Fleming, American giants such as Fidelity Investments and Merrill Lynch have set up shop in London in preparation for an assault on the continent.
Among the "slaughtered" companies--those that have reported deteriorating fundamentals--Buckingham sees value in top grocery distributor Fleming (nyse: FLM - news - people ).