Post-Reform Act Class Action Settlements Of Securities Lawsuits, 1997-2021 (1)

(2021 dollars)

Settlements 2016-2020 2020 2021
Minimum $0.3 million $0.3 million $0.6 million
Median 9.9 million 10.6 million 8.3 million
Average 51.9 million 57.1 million 20.5 million
Maximum 3.2 billion 1.3 billion 187.5 million
Total settlements $20.5 billion $4.4 billion $1.8 billion
Number of settlements 395 77 87
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research. Source: Cornerstone Research, Securities Class Action Settlements--2021 Review and Analysis©2022 by Cornerstone Research, Inc.