Tag Archives: Class action lawsuit settlements

Cornerstone Research: Securities Class Action Settlement Values Increased in 2016

The number of securities class action settlements as well as the aggregate, average, and median securities class action settlement values all increased in 2016 compared to the prior year, according to the latest annual report from Cornerstone Research. The report, entitled “Securities Class Action Settlements: 2016 Review and Analysis can be found here. Cornerstone Research’s … Continue Reading

Merck Agrees to Settle Long-Running Vioxx-Related Securities Class Action Lawsuit for $830 Million

In my recent review of the past year’s top D&O stories, I noted the current trend toward increased numbers of securities class action lawsuits involving smaller companies, and also towards smaller securities suit settlements. In the midst of this era of generally smaller cases and settlements has now come a huge settlement reminiscent of earlier … Continue Reading

Guest Post: The Professors Respond

A recent article by three academics raising the question whether corporate securities lawsuit defendants underperform financially after their case settles has generated significant commentary on this site. In this post, the professors respond to the commentary.   The article in question is a March 18, 2010 paper entitled "Lying and Getting Caught: An Empirical Study … Continue Reading