Bloomberg Law
Jan. 11, 2019, 9:04 PM UTC

Class Action Settlement Values Fall 52% in 2018, Law Firm Says

Michael Trimarchi
Michael Trimarchi
Writer

The value of wage and hour class action settlements was $253 million in 2018, down 52 percent from $525 million in 2017, with the top 10 settlements in employment-related categories declining by nearly as much, a law firm said Jan. 8.

The top 10 settlements in employment-related categories totaled $1.32 billion in 2018, compared with a record $2.72 billion in 2017, Seyfarth Shaw said in its 852-page report, which analyzed 1,453 class action rulings on a circuit-by-circuit and state-by-state basis. The previous top 10 settlement totals were $2.72 billion in 2017, $1.75 billion in 2016, $2.48 billion in 2015, and ...

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