Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Jan. 3, 2022. As 2022 begins, the overriding message from almost 50 financial institutions across Wall Street and beyond is that conditions still look good, but the rip-roaring rallies powered by the reopening are history. Photo: Michael Nagle/Bloomberg Securities Settlements Were Up in 2021 and Are Poised for a Big 2022. Will a Pandemic Dip in Filings Cut Off the Settlement Pipeline?
According to ISS SCAS data, there were a total of 401 securities class action filings in 2020 and just 294 in 2021. Still, Jeff Lubitz, the company's executive director, expects the settlement pipeline to remain steady.
January 25, 2022 at 06:00 AM
5 minute read
2021 was another big year for securities class action settlements in the U.S., according to a new report out this morning from ISS Securities Class Action Services.
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