| Post-Reform Act Class Action Settlements Of Securities Lawsuits, 1996-2016 (1) |
(2016 dollars)
|
| |
1996-2015 |
2015 |
2016 |
| Minimum |
$0.1 million |
$0.4 million |
$0.9 million |
| Median |
8.3 million |
6.1 million |
8.6 million |
| Average |
55.5 million |
38.4 million |
70.5 million |
| Maximum |
8.6 billion |
982.8 million |
1.6 billion |
| Total settlements |
$85.3 billion |
$3.1 billion |
$6.0 billion |
| Number of settlements |
1,536 |
80 |
85 |
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research.
Source: Cornerstone Research, Securities Class Action Settlements--2016 Review and Analysis© 2017 by Cornerstone Research, Inc. |
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