Finances Tag

Shareholder Litigation In The Age of Financial and Social Responsibility

Securities class action plaintiffs amassed $2 billion in settlements in 2019.  An average of 224 new federal securities class actions were filed each year between 1997 and 2019, with 428 filed in 2019 alone. [1] In fact, the total financial recovery from settled securities class actions in roughly that same time frame, 1996 to present, is $104,371,151,287 – yes, over $104 billion. [2] In securities class actions, plaintiffs bring a suit as a class seeking compensation from defendants for damages...