Post-Reform Act Class Action Settlements Of Securities Lawsuits, 2018-2023 (1)

(2023 dollars)

Settlements 2018-2022 2022 2023
Minimum $0.4 million $0.7 million $0.8 million
Median 11.7 million 13.5 million 15.0 million
Average 46.5 million 37.9 million 47.3 million
Maximum 3.6 billion 842.9 million 1.0 billion
Total settlements $19.5 billion $4.0 billion $3.9 billion
Number of settlements 420 105 83
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research. Source: Cornerstone Research, Securities Class Action Settlements--2023 Review and Analysis©2024 by Cornerstone Research, Inc.