The authors examine settlement outcomes of derivative lawsuits linked to securities class actions, focusing on 110 cases associated with securities class action settlements between 2019 and 2023.
Shareholder derivative actions involve current shareholders suing on behalf of the corporation. As shown in Cornerstone Research’s Securities Class Action Settlements—2023 Review and Analysis, 47% of securities class actions that settled between 2019 and 2023 featured a shareholder derivative action with the same or similar underlying allegations.
The report by Laarni Bulan and Matthew Davis, incorporates new data and provides updated analysis of monetary settlement outcomes, therapeutic provisions, and plaintiff attorney fees in parallel derivative lawsuits, as well as recent filing trends.
Boston
