Securities Class Action Deals Totaled $5B In 2013
In 2013, 67 deals were settled, up from 57 a year earlier, for the first year-over-year increase in four years, according to the study by Cornerstone Research.
Driving up the numbers in 2013 were six “megasettlements,” valued at $100 million or higher, according to Cornerstone. Total settlement dollars last year were 60 percent higher than the average for the...
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