Post-Reform Act Class Action Settlements Of Securities Lawsuits, 1996-2016 (1)

(2016 dollars)

  1996-2015 2015 2016
Minimum $0.1 million $0.4 million $0.9 million
Median 8.3 million 6.1 million 8.6 million
Average 55.5 million 38.4 million 70.5 million
Maximum 8.6 billion 982.8 million 1.6 billion
Total settlements $85.3 billion $3.1 billion $6.0 billion
Number of settlements 1,536 80 85
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research. Source: Cornerstone Research, Securities Class Action Settlements--2016 Review and Analysis© 2017 by Cornerstone Research, Inc.