POST-REFORM ACT SETTLEMENTS OF SECURITIES LAWSUITS, 1996-2008 (1)
  1996-2007 2008
Minimum $0.1 million $0.4 million
Median 7.4 million 8.0 million
Average 57.7 million 31.2 million
Maximum 7.7 billion 0.8 billion
Total settlements $53.6 billion $3.1 billion

(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation.

Source: Cornerstone Research.