Class Action Securities Litigation Settlements Reached $3 Billion in 2021
“Class action securities litigation settlements increased by 50% in 2021, according to a report by Broadridge Financial Solutions, which added that total settlements reached more than $3 billion. Significant trends in the class action world, which are already continuing into 2022, include a rise in,” reports Rick Steves in Finance Feeds.
“Steve Cirami, Broadridge Class Actions leader, said. Last year we watched the number of settlements rise by a dramatic 50% as cases continue to be increasingly complex and global. The landscape continues to change dramatically, with more countries enacting class action laws. At the same time, we are now seeing more settlements.”
