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: TPLF
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.