POST-REFORM ACT SETTLEMENTS OF SECURITIES LAWSUITS, 1996-2013 (1) |
(2013 dollars)
|
|
1996-2012 |
2013 |
Minimum |
$0.1 million |
$0.7 million |
Median |
8.3 million |
6.5 million |
Average |
55.5 million |
71.3 million |
Maximum |
8.4 billion |
2.4 billion |
Total settlements |
$73.7 billion |
$4.8 billion |
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research.
Source: Cornerstone Research. |
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