Post-Reform Act Class Action Settlements Of Securities Lawsuits, 1996-2019 (1)

(2019 dollars)

Settlements 1996-2018 2018 2019
Minimum $0.2 million $0.4 million $0.5 million
Median 8.8 million 11.5 million 11.5 million
Average 58.6 million 66.1 million 27.4 million
Maximum 9.2 billion 3.0 billion 390 million
Total settlements $104.0 billion $5.2 billion $2.0 billion
Number of settlements 1,775 78 74
(1) Private Securities Litigation Reform Act of 1995; adjusted for inflation by Cornerstone Research. Source: Cornerstone Research, Securities Class Action Settlements--2019 Review and Analysis ©2020 by Cornerstone Research, Inc.