Mega-settlements and high class-certification rates likely will "incentivize the plaintiffs' class action bar to be equally if not more aggressive with their case filings and settlement positions in 2024," according to a report by the law firm Duane Morris.
January 29, 2024 at 07:56 AM
4 minute read
Plaintiffs rang up sky-high class action settlements and enjoyed strong success getting classes certified in 2023, according to a new report that suggests defendants are in for more tough times ahead.
The top 20 class action settlements in 2023 totaled $41.1 billion, which would have been a record were it not for the $66.9 billion in payouts for the top 20 settlements in 2022, according to Duane Morris’ “Class Action Review 2024.”
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