Securities,
Civil Litigation,
Corporate
Mar. 15, 2018
Size of securities class action settlements drops, report says
Although the volume of securities class settlements has remained steady, the dollars involved have dropped substantially, a new report found.
Although the volume of securities class settlements has remained steady, the dollars involved have dropped substantially, a new report found.
In 2017, the total value of securities class settlements approved by courts was $1.5 billion, a significant drop from $6.1 billion in 2016.
This decline could be attributed to a large percentage of settlements under $5 million combined with the absence of a...
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