Battea Global Litigation Research has released their
2017 Securities Class Action Industry Lookback & Observations Report.

 

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With Year-over-Year as well as Five-Year Averages highlighted, all trends are pointing for 2018 to bring to bear another robust set of findings.

2017-lookback

Key Findings from this 2017 study include:

 

  1. Over the past few years, the number of class action filings has risen by more than 172 percent across the U.S.
  2. In 2017 alone, 120 settlements were announced with settlement funds totaling more than $2.7 billion.
  3. On the international front, there are currently 131 international investigations currently being monitored by the Battea Global Litigation Research team that include, but are not limited to, Petrobras, Volkswagen, Tesco, Toshiba, and Mitsubishi. Global recovery efforts will be in the billions in these cases alone.
  4. With more than $14.5 billion in settlement funds available to eligible investors, and with the incredible growth in securities and antitrust class action litigations and settlements over the past five years, the industry will look to only bolster its success in the coming years.