ISS/SCAS: BLB&G Has Recovered More For Defrauded Shareholders Than Any Other Firm In History
June 14, 2017
ISS/Securities Class Action Services ("SCAS") has released its "Top 100 U.S. Settlements of All Time" report - a compilation of the 100 largest securities recoveries in history. According to SCAS' data, BLB&G remains the leader with the most top 100 recoveries and the most recovered for defrauded shareholders by a wide margin.
Most Top Recoveries in History of Securities Litigation
As detailed in the SCAS report, BLB&G has served as lead or co-lead counsel in over a third of the top 100 U.S. securities fraud settlements. BLB&G results have eclipsed all of its competitors in a variety of measures:
- Obtained 6 of the top 12, 10 of the top 20, and 35 of the top 100 recoveries in securities litigation history;
- Recovered 40% of all settlement dollars represented in the report - over $25 billion ($10 billion more than the next firm); and
- Secured a dozen settlements over $500 million and six over $1 billion - more multi-billion dollar recoveries than any other firm.
Click here to view the Top 100 Settlements Report.
Since its founding in 1983, BLB&G has obtained over $31 billion in recoveries for investors and achieved precedent-setting corporate governance reforms on behalf of its institutional investor clients. Regularly entrusted by its clients and appointed as lead counsel by the courts in major securities class actions, the firm is routinely recognized by industry observers for its legal excellence and achievements ("consistently achieving the highest returns for investors" - The National Law Journal; "the best advice in the field" - Chambers USA; "one of the best bar none...impressive achievements and excellent reputation" - Benchmark Litigation; "One of the most powerful securities class action firms in the U.S... the biggest star in the firmament of securities litigation" - Financial Times).