scas-top-100-2020

The Top 100 U.S. Class Action Settlements of All Time as of December 2020

FEBRUARY 24, 2021

Looking back at the full year of 2020, ISS Securities Class Action Services (“ISS SCAS”) verified 99 approved monetary class action settlements in the U.S. These cases amounted to $3.26 billion of settlement funds available for distribution to eligible members of the settlement classes.

Despite the dramatic decline in newly filed cases of investor complaints in both Federal and State courts throughout 2020, the quantity of traditional class action settlements remained steady, while the settlement amounts increased nominally by 3 percent from $3.17 billion in 2019.

Four of the settlements in 2020 delivered significant settlement amounts to be included within this Top 100 publication of largest U.S. settlements of all-time. These four class actions include:

  • American Realty Capital Properties, Inc. – $1.025 Billion
  • First Solar, Inc. – $350 Million
  • Signet Jewelers Ltd. – $240 Million
  • SCANA Corporation – $192.5 Million

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