Global class action mega-settlements smash four-year average by over 87% new broadridge report shows

Expansion of opt-in jurisdictions and increasing prevalence of collective investor global actions among top 2023 trends new york , feb. 15, 2024 /prnewswire/ -- class action securities settlements had an exceptional year in 2023 with 126 distinct filing opportunities globally, resulting in a settlement value of more than $5.5 billion, according to the fifth annual broadridge global class actions report released by global fintech leader broadridge financial solutions, inc. (nyse: br). "2023 marked another step forward in terms of the globalization of securities class actions.
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