Securities class action settlements go down in number

NERA study found the U.S. securities class actions settlement rate is at its lowest since 1999

According to a new study by NERA Economic Consulting, the number of securities class action settlements has fallen significantly in the U.S. despite the fact that the number of suits filed has remained steady.

NERA released the results of its study on Tuesday. “Settlements of class actions in 2012 will be at their lowest level since 1999 if the current pace is maintained,” the report said. According to NERA’s results, only 49 cases have settled in 2012 through June, but the projected full-year total of 98 is down sharply from 128 settlements in 2010 and 123 settlements in 2011.


Cathleen Flahardy

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