Securities Class Action Settlements: An Empirical Analysis

Preprint
Publisher Website
Google Scholar
Abstract
Plaintiffs, defendants, policymakers and scholars are often interested in trends in settlements of securities class action lawsuits. In this paper, we present descriptive statistics of the most comprehensive database of settlements of securities class actions categorized by several aspects of the case or the plaintiff law firm involved in the lawsuit. We also compare certain settlements statistics prior to and subsequent to the passage of the Private Securities Litigation Reform Act of 1995 (PSLRA) through December 31, 1999. We report settlements as both the cash value of the settlements and relative to two different measures of plaintiff style damage estimates.

This publication has 0 references indexed in Scilit: