BLB&G Again Tops ISS SCAS “Top 100 Securities Class Action Settlements of All-Time” List

February 13, 2024

For the 14^th consecutive year, the Securities Class Action Services division of Institutional Shareholder Services (ISS SCAS) has listed Bernstein Litowitz Berger & Grossmann as the top firm in the securities class action litigation arena in its annual Top 100 U.S. Class Action Settlements of All-Time report. As detailed in the report, BLB&G has served as lead or co-lead counsel in 38 of the top 100 U.S. securities fraud settlements of all time—almost twice as many as its closest competitor.

The report highlights other key metrics that illustrate BLB&G’s record of success on behalf of institutional investor plaintiffs:

• BLB&G has secured more than $27 billion of the top-100 class action recoveries, nearly $9 billion more than its closest competitor.
• The firm has secured seven class action settlements of $1 billion or more—more than any other firm.

BLB&G’s prolific success includes two of the biggest recoveries of 2023: Wells Fargo ($1 billion) and Kraft Heinz ($450 million). 

The ISS SCAS Top 100 U.S. Class Action Settlements of All-Time 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, ranked by the total value of the settlement fund.

It is a tremendous honor for Bernstein Litowitz Berger & Grossmann to be recognized as the top securities class action litigation firm by ISS SCAS. This achievement reflects our unwavering commitment to securing justice for injured shareholders and holding wrongdoers accountable. We are deeply grateful to our dedicated clients who have entrusted us with their cases and partnered with us to achieve these important recoveries for injured investors.”
— Hannah Ross, Senior Partner & Executive Committee Member

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Click here to read the full report.