| Post-Reform Act Class Action Settlements Of Securities Lawsuits, 2018-2023 (1) |
(2023 dollars)
|
| Settlements |
2018-2022 |
2022 |
2023 |
| Minimum |
$0.4 million |
$0.7 million |
$0.8 million |
| Median |
11.7 million |
13.5 million |
15.0 million |
| Average |
46.5 million |
37.9 million |
47.3 million |
| Maximum |
3.6 billion |
842.9 million |
1.0 billion |
| Total settlements |
$19.5 billion |
$4.0 billion |
$3.9 billion |
| Number of settlements |
420 |
105 |
83 |
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research.
Source: Cornerstone Research, Securities Class Action Settlements--2023 Review and Analysis漏2024 by Cornerstone Research, Inc. |
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