Carlton Fields is pleased to share its 11th annual Class Action Survey, which provides an overview of important issues and practices related to class action matters and management. This.
Cy pres-only class action settlements are alive and well in the Ninth Circuit, where a unanimous panel of the court recently affirmed a settlement that provides no monetary relief.
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Class action defence costs rise to $2.9bn as Covid-19 boosts case numbers Â
09 June 2021
Class action defence costs rise to $2.9bn as Covid-19 boosts case numbers Â
More than a quarter of US corporates have faced at least one Covid-19 related claim, research findsÂ
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By Mike Fouque; Copyright US companies spent $2.9bn last year defending class actions, a record that represents 13% of the litigation spending market, according to new research.
The Carlton Fields Class Action Survey reveals that the Covid-19 pandemic is playing a major role in fueling class actions, against the background of steady year-on-year increases, with the average annual number of cases per company sitting at 9.3, compared to just 4.4 in 2011.