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Following a banner year for high-dollar securities class action settlements in 2016, plaintiffs lawyers who represent investors in such cases had a less lucrative 2017, with settlement values and legal fees dropping to lows not seen in more than a decade, economic consulting firm NERA said in a new report.
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Scott Flaherty, based in New York, covers the business of law with a focus on plaintiffs lawyers and litigation involving law firms. He can be reached at firstname.lastname@example.org. On Twitter: @sflaherty18