Survey shows class action leader sitting at head of plaintiff field collecting $2.11bn in awards
May 12, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Research has confirmed securities class action leader Milberg Weiss Bershad Hynes & Lerach’s dominance of the US plaintiff market – just as the firm finalises its long-awaited split.
The firm, which is breaking up into East Coast and West Coast arms, was involved in 66% of 2003′s class action settlements, accounting for total awards of $2.11bn (£1.17bn) from 65 actions, according to securities litigation monitoring company Securities Class Action Services (SCAS).
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