BLB&G Ranks First Among Top 50 Plaintiffs Law Firms With Highest Average Settlement For Active Firms
January 1, 2004In 2003, BLB&G recovered nearly $1 billion for investors, the second largest total of any plaintiff firm in the nation.
According to a study of the top 50 plaintiff law firms in 2003 by Securities Class Action Services (SCAS), a subsidiary of Institutional Shareholder Services (ISS), BLB&G recovered over $950 million in settlements for defrauded investors. Ranking second in total recoveries in 2003, BLB&G ranked # 1 with the highest average settlement (over $105 million) among firms with at least 5 settlements.
According to Bruce Carton, Executive Director of SCAS: “The average settlement amount is an important measure because it is an indicator of which law firms are consistently bringing and settling high-impact cases.”
The "SCAS 50" lists the top plaintiffs' law firms ranked by the total dollar amount of final securities class action settlements occurring in 2003 in which the law firm served as lead or co-lead counsel.
Also of Interest
Benchmark Gives BLB&G its Top Ranking for the Ninth Year in a Row
Law360 Once Again Names BLB&G Among the Nation’s “Most Feared Plaintiffs’ Firms”
September 28, 2015
Chambers Again Ranks BLB&G Among Nation’s Top Securities Litigation Firms
Benchmark Names BLB&G Top Plaintiff Firm in the Nation for the Third Time
February 17, 2017
SCAS Again Ranks Bernstein Litowitz Among Top Securities Litigation Firms in the Nation With Over $2 Billion Recovered and Highest Average Recovery
April 20, 2017
BLB&G Ranked a Top Tier Firm by Chambers for Eleventh Consecutive Year
Chambers Ranks BLB&G Top Firm for the Tenth Year in a Row
Benchmark Again Ranks BLB&G One of the Top Firms in the Nation
Benchmark Again Names BLB&G Top Plaintiff Firm in the Nation
Legal 500 Ranks BLB&G a National Tier 1 Firm for Securities and M&A Litigation