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_______________________________
Post-Reform Act Securities Case Settlements
SECURITIES FRAUD "MEGA-SETTLEMENTS"
LIST [1]
| Mega Settlements: Settlements of Post-Reform Act Securities Class Action Lawsuits in Excess of $100 million As of March 31, 2003 |
|
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Maximum
Asserted
Valuation [1] |
|
Percentage
of Total
"Mega-Settlements" |
|
|
1
|
Cendant
[2] |
$3,527.0
Million
|
48.78%
|
|
2
|
Lucent |
$563.0
Million
|
7.79%
|
|
3
|
Bank
of America |
$490.0
Million
|
6.78%
|
|
4
|
Waste
Management II |
$457.0
Million
|
6.32%
|
|
5
|
Rite
Aid |
$319.5
Million
|
4.42%
|
|
6
|
Oxford
Health Plans, Inc. |
$300.0
Million
|
4.15%
|
|
7
|
3Com |
$259.0
Million
|
3.58%
|
|
8
|
Waste
Management I |
$220.0
Million
|
3.04%
|
|
9
|
MicroStrategy |
$192.5
Million
|
2.66%
|
|
10
|
Dollar
General Corp |
$162.0
Million
|
2.24%
|
|
11
|
Informix |
$142.0
Million
|
1.96%
|
|
12
|
Sunbeam |
$141.0
Million
|
1.95%
|
|
13
|
Mattel |
$122.0
Million
|
1.69%
|
|
14
|
Conseco |
$120.0
Million
|
1.66%
|
|
15
|
Ikon |
$111.0
Million
|
1.54%
|
|
16
|
Prison
Realty |
$105.0
Million
|
1.45%
|
| [1]
Settlement values may include securities as
well as cash. Securities are valued as of
the highest value asserted by any party in
a court filing. Settlements include proceeds
from all sources. Not all settlements have
received final court approval. Settlement
values in some cases may still increase as
additional defendants settle individual claims. |
| [2]
Includes settlements in the PRIDES and common
stock litigation. |
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_______________________________
[1]
Post-Reform Act Securities
Case Settlements Over $100 Million
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