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ISS Discusses Largest Securities-Related Class Action Settlements of 2023

Reynolds Holding

Mega ESG-related settlements such as those with Exelon and Grupo Televisa remain an important part of the landscape, as do cases related to merger integration issues, of which there were four in this year’s Top 10 (Kraft Heinz, Cardinal Health, Newell Brands, and Micro Focus). Top 10 U.S. securities class action settlements follows: 1.)

Banking 59
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SEC Announces Enforcement Results for Fiscal Year 2023

Reynolds Holding

The stand-alone enforcement actions spanned the securities industry, from billion-dollar frauds to emerging investor threats involving crypto asset securities and cybersecurity, and charged violations by diverse market participants, from public companies and investment firms to gatekeepers and social media influencers.