Bernstein Litowitz Berger & Grossmann LLP Announces Top Ranking for 12th Consecutive Year in ISS SCAS report of Top 100 U.S. Class Action Settlements of All-Time

NEW YORK--(BUSINESS WIRE)--Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (BLB&G) announces that for the twelfth consecutive year, it has achieved the top ranking in the annual report by ISS Securities Class Action Services (ISS SCAS), the leading industry research organization that provides independent and objective third-party analysis and statistics on securities-litigation law firms. The report shows that BLB&G continues to lead the securities litigation space, having served as Lead or Co-Lead Counsel in more top recoveries than any other firm.

The report highlights a number of key metrics that illustrate BLB&G’s track record of success for institutional investor plaintiffs:

• BLB&G served as lead or co-lead counsel in 37 of the top 100 U.S. securities fraud settlements – nearly double any other firm.
• Of the settlements included in ISS SCAS's Top 100 Settlements report, BLB&G has recovered more than $26 billion for shareholders – nearly $10 billion more than our nearest peer firm. We are proud to have recovered more than $33 billion overall.
• BLB&G has secured six settlements over $1 billion – more than any other firm.

BLB&G Executive Committee member Hannah Ross commented, “We are humbled by the trust so many institutional investors have placed in our firm, and grateful for the opportunity to partner with our clients to achieve such important and impactful results. These recoveries have played a significant role in improving market transparency and holding wrongdoers accountable. Every institutional investor who has served as Lead Plaintiff should be very proud of what they have accomplished for shareholders.”

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. For more information and to access the report, click here.

About BLB&G

BLB&G is widely recognized worldwide as a leading law firm advising institutional investors on issues related to corporate governance, shareholder rights, and securities litigation. Since its founding in 1983, BLB&G has built an international reputation for excellence and integrity and pioneered the use of the litigation process to achieve precedent-setting governance reforms. Unique among its peers, BLB&G has obtained several of the largest and most significant securities recoveries in history, recovering over $33 billion on behalf of defrauded investors. More information about the firm can be found online at www.blbglaw.com.