The percentage of securities class action settlements with at least one putative class member opting out has increased in recent years, according to a new report by Cornerstone Research in conjunction with Latham & Watkins LLP. Between 2019 and the first half of 2022, the percentage of securities class action settlements with at least one opt-out was 11.5%, up from 5.8% during 2006–2018 and around 2.9% from 1996 through 2005.
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