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STUDIES
& PAPERS
Securities Class Action Settlements: An Empirical Analysis
MUKESH
BAJAJ, Law and Economics Consulting Group (LECG), Inc.; University
of California SUMON C. MAZUMDAR, Law and Economics Consulting
Group (LECG), Inc.; University of California ATULYA SARIN, Santa
Clara University
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Summary: "This study presents descriptive statistics of the
most comprehensive database of settlements of securities class
actions categorized by several aspects of the case or the
plaintiff law firm involved in the lawsuit. It also compares
certain settlement statistics prior to and subsequent to
the passage of the Private Securities Litigation Reform Act
of 1995 (PSLRA) through December 31, 1999. It reports settlements
as both the cash value of the settlement and relative to
two different measures of plaintiff style damage estimates."
A copy of this Study is available for your review as a PDF
of 117 KB.
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