Largest settlements

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In its latest annual report, ISS Securities Class Action Services reports that in 2022, for the third year in a row, the Robbins Geller law firm secured the highest dollar value in securities class action lawsuit settlements during the year and was also involved in the highest number of separate settlements. The report, which includes both U.S. and Canadian settlements, ranks the top 50 plaintiffs law firms by total dollar value recoveries, and the Top Ten plaintiffs law firms ranked by number of settlements achieved. The February 28, 2023, report, which is entitled “The Top 50 of 2022” and was written by Jeff Lubitz, Managing Director, ISS Securities Class Action Services, can be found here.Continue Reading Report Ranks Top 50 Plaintiffs’ Firms by 2022 Securities Suit Settlement Values

Jeffrey Lubitz

In the following guest post, Jeffrey Lubitz, Executive Director of ISS Securities Class Action Services, takes a look at securities class action settlements in 2021, including aggregate figures and the largest individual settlements during the year. Jeff also notes several important trends and developments in collective investor actions outside the U.S during 2021. A version of this article previously was published on the ISS Insights blog (here). Please note that the 2021 figures below are preliminary; the final calculations will be published in January 2022. The 2021 settlement figures include all settlements with a settlement hearing date between January 1, 2021 and December 31, 2021; some hearings currently scheduled to take place before year end potentially could be pushed into 2022, which would shift the settlement into the 2022 settlement year. I would like to thank Jeff for allowing me to publish his article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Jeff’s article.
Continue Reading Guest Post: Shareholder Class Action Settlements Continue Strong Pace in 2021