In this report, ISS SCAS reviews the securities-related settlements of 2023 and ranks the Top 50 plaintiffs’ securities firms by aggregate class action settlement amount achieved for shareholders.  In a separate ranking, ISS SCAS also lists the top plaintiffs’ antitrust firms by aggregate class action settlement amount approved during the 2023 calendar year.

As ISS SCAS previously noted, 2023 was a robust year for investor recoveries. Collectively, 2023 delivered approximately $5.85 billion in settlement funds for distribution within North America, an increase of 17 percent from the prior year.

The top five recorded North American securities-related settlements from 2023 were as follows:

• Wells Fargo: $1 Billion
• Dell: $1 Billion
• Kraft Heinz: $450 Million
• Wells Fargo: $300 Million
• Exelon: $173 Million

*By aggregate class action settlement amount.