During 2022, securities case filings fell for the fourth consecutive year and were down slightly from 2021. The number of announced settlements rose substantially last year, as did total settlement amounts. The 2022 settlements include 10 mega-settlements of more than $100 million. Case filings involving covid-19, spacs, and cryptocurrencies represented nearly one third of all filings in 2022, and we address important developments relating to securities litigation in each of those sectors. Please see Publication below for more information.
Source: 2022 Securities Litigation Year in Review