| Post-Reform Act Class Action Settlements Of Securities Lawsuits, 1996-2019 (1) |
(2019 dollars)
|
| Settlements |
1996-2018 |
2018 |
2019 |
| Minimum |
$0.2 million |
$0.4 million |
$0.5 million |
| Median |
8.8 million |
11.5 million |
11.5 million |
| Average |
58.6 million |
66.1 million |
27.4 million |
| Maximum |
9.2 billion |
3.0 billion |
390 million |
| Total settlements |
$104.0 billion |
$5.2 billion |
$2.0 billion |
| Number of settlements |
1,775 |
78 |
74 |
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research.
Source: Cornerstone Research, Securities Class Action Settlements--2019 Review and Analysis ©2020 by Cornerstone Research, Inc. |
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