An annual report on securities class actions from Cornerstone Research indicates the median settlement amount increased 11%, and the proportion of settlements of at least $100 million climbed to nearly two-thirds of the total settlement dollars in 2023.
Tag: third-party litigation funding
Will Third-Party Litigation Funding Come Out of the Shadows?
Recently, lawmakers and the insurance industry have called for transparency regarding third-party litigation funding (TPLF). Here we look at third-party litigation funding and how it has impacted verdicts and settlements and the cost of insurance.
APCIA Supports Missouri Third-Party Litigation Finance Reform Bill
The “Consumer Litigation Funding Model Act,” was introduced in the Missouri House, Wednesday, Feb. 23, by Rep. Phil Christofanelli. It addresses a growing and extremely concerning legal trend that puts vulnerable individuals who file a lawsuit at risk of being taken advantage of by private investors, called third party litigation financers, according to the American… Continue reading APCIA Supports Missouri Third-Party Litigation Finance Reform Bill