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The U.S. District Court in Manhattan chose Coughlin Stoia Geller Rudman & Robbins as lead counsel in a suit against French bank Societe Generale on July 23.

One of the lead attorneys, Patrick Daniels, traveled to Paris to assemble a team of French lawyers and press the case for allowing French citizens join in the case, the International Herald Tribune reported.

"It is up to the court to decide whether French investors are allowed in, but there are precedents", Daniels said.

Plaintiffs are attempting to recover losses suffered after a trader at the bank, Jerome Kerviel, allegedly lost $7.2 billion with unauthorized trades.

Allowing non-U.S. citizens to join a U.S. class action suit is rare.

"It's something that the courts here wrestle with", Michael Young, a partner at Willkie Farr & Gallagher told the Times.

"It has created an issue because sometimes you have a non-U.S. plaintiff investing in a non-U.S. company bringing a class action in New York", he said.

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