Gibson Dunn Offers 2022 Year-End Securities Litigation Update
Reynolds Holding
MARCH 27, 2023
As in 2021 and 2020, the decline in the number of merger-objection cases filed (down to eight from the peak of 205 in 2017) drove the decrease in the total number of new federal class actions filed in 2022 (down to 205 from the peak of 431 in 2018). 38 million is also the highest average settlement value since 2016.
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