Securities Class Action Settlements Crest In 2007

Law360, New York (March 13, 2008, 12:00 AM EDT) -- The number of securities class action settlements reached its highest peak ever, with Milberg Weiss LLP, Grant & Eisenhofer PA and Schiffrin Barroway Topaz & Kessler LLP topping an annual list of plaintiffs firms garnering the largest total settlements in 2007.

Risk management company RiskMetrics Group this week released its annual list of top 50 plaintiffs law firms based on case settlements in which the firms served as lead or co-lead counsel.

Milberg Weiss topped the list with a settlement total of more than $3.8 billion,...
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