Law360 (March 17, 2021, 11:08 PM EDT) -- The 77 investor class action settlements approved last year reflect a realignment with several historical trends, according to a report released Wednesday, after what one researcher called an "unusual year" in 2019.
Cornerstone Research said in its annual look-back on securities suit settlements that despite the COVID-19 pandemic, courts approved three more deals in 2020 than they did the year prior, with investors wrangling a total of $4.2 billion.
That's up from just $2.1 billion in 2019, a year marked by a reduction in the total number of settlements that netted less than $5 million, a lack of settlements exceeding $500...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!