The number of securities class action settlements increased slightly in 2024 while the size of those settlements declined, according to a new report from Cornerstone Research. The report, Securities Class Action Settlements—2024 Review and Analysis, found that the number of securities class action settlements in 2024 increased to 88, up 6% compared to the 83 settlements in 2023.
Source: Number of Securities Class Action Settlements Rises Slightly as Median Settlement Amount Declines from 2023 13-Year High