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Stanford Law School Securities Class Action Clearinghouse a Collaboration with Cornerstone Research
 

 
  • FEDERAL SECURITIES CLASS ACTION CASES | LAST FIVE YEARS

    Click Here to See All Filings by Year

 
  • ACCOUNTING CLASS ACTION FILINGS AND SETTLEMENTS
    2020 Review and Analysis

    The number of securities class action filings involving accounting allegations increased for the third consecutive year.
    The report found that accounting allegations continue to have a substantial impact on securities class actions. Accounting allegations were present in more than 30% of all federal securities class action filings, and accounting cases made up 84% of total settlement dollars in 2020.
    Press Release · Full Report

  • SECURITIES CLASS ACTION SETTLEMENTS
    2020 Review and Analysis

    Securities Class Action Settlements Stay on Pace Despite Pandemic Median settlement value in 2020 declined 13% from 2018/2019 levels.
    Despite the unprecedented economic disruption that the COVID-19 pandemic caused in 2020, settlements in securities class actions generally continued at a pace typical of recent years. The report, Securities Class Action Settlements—2020 Review and Analysis, found that courts approved 77 settlements totaling $4.2 billion in 2020, compared to 74 settlements totaling $2.1 billion the previous year. There were six mega settlements (equal to or greater than $100 million) in 2020, ranging from $149 million to $1.2 billion. Excluding settlements over $1 billion, total settlement values declined by 4% in 2020 over 2019.
    Press Release · Full Report

News & Blogs Excerpts

   Headlines decisions, blogs, analysis
   Settlements on federal securities class actions
  1. WageWorks, Inc. ) ($30M) Settlement
  2. World Wrestling Entertainment, Inc. ) ($39M) Settlement
  3. Zynerba Pharmaceuticals, Inc. Settlement
  4. Baxter International Inc. Settlement
  5. Universal Health Services, Inc. ) ($18M) Settlement