Contributed by Chris Keane, Battea Class Action Services
Key Findings from Battea’s 2017 Securities Class Action Industry Lookback & Observations Report include:
- Over the past few years, the number of class action filings has risen by more than 172 percent across the U.S.
- In 2017 alone, 120 settlements were announced with settlement funds totaling more than $2.7 billion.
- On the international front, there are currently 131 international investigations currently being monitored by the Battea Global Litigation Research team that include, but are not limited to, Petrobras, Volkswagen, Tesco, Toshiba, and Mitsubishi. Global recovery efforts will be in the billions in these cases alone.
- With more than $14.5 billion in settlement funds available to eligible investors, and with the incredible growth in securities and antitrust class action litigations and settlements over the past five years, the industry will look to only bolster its success in the coming years.
Download this robust report today to learn more about impressive growth of the securities class action industry and its impact on maximizing recovery efforts in 2018.
This report is authored by Battea’s wholly owned subsidiary, Battea Global Litigation Research, Inc. Battea – Class Action Services, via its proprietary technology platform, The Claims Engine®, automates class action settlement award recovery across all asset classes for in excess of 700 institutional investors, including hedge funds, global banks, asset management firms, sovereign and pension funds, endowments and family offices. Battea provides a full-service solution for the entire securities class action award recovery process – where hundreds of millions have been recovered on behalf of its customers in the past five years – from calculating recognized loss for every claim through the confirmation, receipt and delivery of settlement payouts, all with unparalleled transparency around the settlement recovery process.