Litigation
Mar. 23, 2007
Securities Class Actions Bear High-Dollar Settlements in 2006
Plaintiffs' lawyers enjoyed a sharp uptick last year in the size of securities class action settlements, negotiating an average of $106.6 million per case, according to a study released Wednesday.
Daily Journal Staff Writer
Plaintiffs' lawyers enjoyed a sharp uptick last year in the size of securities class action settlements, negotiating an average of $106.6 million per case, according to a study released Wednesday.
The average settlement size in 2006 was nearly four times higher than the $28.5 million recorded in 2005, according to a study by Cornerstone Researc...
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