Despite Record Low Number of Settlements in 2012, Securities Class Action Settlement Amounts Increase from 2011

The 53 court-approved securities class action settlements reported in 2012 represent a 14-year low, according to Securities Class Action Settlements—2012 Review and Analysis by Cornerstone Research. This represents an 18 percent decrease from the number of approved settlements in 2011, and a decline of more than 45 percent from the 10-year average from 2002 through 2011.

via Despite Record Low Number of Settlements in 2012, Securities Class Action Settlement Amounts Increase from 2011 –Cornerstone Research