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2019 Securities Class Action Settlement Remain High

Posted on March 5th, 2020 at 2:53 PM
2019 Securities Class Action Settlement Remain High

According to a report released by Cornerstone Research, the median settlement for securities class actions in 2019 was $11.5 million, which was unchanged from the 2018 median.  The 2018 and 2019 median was approximately 34% above the median for the period between 2010 and 2018.  In 2019, there was a decrease in the number of small securities class action settlements and an increase in mid-sized settlements.  Additionally, 2019 saw four mega settlements over $100 million.

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