Institutional Shareholder Services’ Securities Class Action Services (ISS SCAS) has published The Top 100 U.S. Class Action Settlements of All-Time (as of December 31, 2021), which, as reported by ISS SCAS, is an annual report that identifies the largest securities class action settlements filed after the passage of the Private Securities Litigation Reform Act of 1995. The cases reported are ranked by the total value of the settlement fund. According to the report, in 2021 ISS SCAS recorded 116 approved monetary securities class action settlements in the United States with a combined value of $3.51 billion.
Berman Tabacco was once again listed as one of the firms with the most settlements on the Top 100 list, with six settlements totaling $2,150,900,000.