Aggregate, average and median securities class action lawsuit settlement amounts all rose in 2018, according to the latest report from Cornerstone Research. The 2018 total settlement amount of just over $5 billion dollars is substantially higher than the prior year total and in fact is the third-highest total in the past 10 years. The $5 billion total was driven by a small number of very large settlements. The Cornerstone Research report, which is entitled “Securities Class Action Settlements: 2018 Review and Analysis” can be found here. Cornerstone Research’s March 26, 2019 press release regarding the report can be found here.
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