Global Securities Class Actions Surge in 2024, Broadridge Report Highlights $5.2 Billion in Settlements and an Increase in New Federal Filings Two Years in a Row
Broadridge Financial Solutions (NYSE: BR) released its sixth Global Class Action Annual Report, revealing global securities class action settlements reached $5.2 billion across 136 settlements in 2024. The report highlights a 14% growth in U.S. settlements, exceeding the five-year average by 5%. Notable trends include:
- Ten mega-settlements surpassing $100 million each
- 28% increase in antitrust recoveries
- 222 new federal securities class action lawsuits
- Over 300 newly filed cases globally
- More than 1,000 unresolved cases tracked in 20+ countries
The report identifies key trends including the surge in ESG-related lawsuits, Europe's legal evolution under the Representative Actions Directive, increasing cryptocurrency litigation, cybersecurity settlements totaling $560 million, and rising AI-related cases. The largest settlement was the Stock Loan Antitrust Class Action at $580,008,750.
Broadridge Financial Solutions (NYSE: BR) ha pubblicato il suo sesto Rapporto Annuale sulle Class Action Globali, rivelando che nel 2024 sono stati raggiunti 5,2 miliardi di dollari in 136 accordi relativi a class action nel settore dei titoli. Il rapporto evidenzia una crescita del 14% negli accordi negli Stati Uniti, superando la media degli ultimi cinque anni del 5%. Le tendenze significative includono:
- Dieci mega-accordi superiori a 100 milioni di dollari ciascuno
- Aumento del 28% dei recuperi per antitrust
- 222 nuove azioni legali federali per class action di titoli
- Oltre 300 casi appena depositati a livello globale
- Più di 1.000 casi irrisolti monitorati in oltre 20 paesi
Il rapporto identifica tendenze chiave tra cui l'aumento delle cause legali legate all'ESG, l'evoluzione giuridica in Europa sotto la Direttiva sulle Azioni Rappresentative, l'aumento della litigiosità nel settore delle criptovalute, accordi di sicurezza informatica per un totale di 560 milioni di dollari e un incremento dei casi legati all'IA. L'accordo più grande è stato la Class Action Antitrust sui Prestiti di Stock, pari a 580.008.750 dollari.
Broadridge Financial Solutions (NYSE: BR) publicó su sexto Informe Anual sobre Acciones Colectivas Globales, revelando que en 2024 se alcanzaron 5.2 mil millones de dólares en 136 acuerdos de acciones colectivas de valores. El informe destaca un crecimiento del 14% en los acuerdos en EE. UU., superando el promedio de cinco años en un 5%. Las tendencias notables incluyen:
- Diez mega-acuerdos que superan los 100 millones de dólares cada uno
- Aumento del 28% en recuperaciones antimonopolio
- 222 nuevas demandas de acciones colectivas de valores a nivel federal
- Más de 300 casos recién presentados a nivel mundial
- Más de 1,000 casos no resueltos rastreados en más de 20 países
El informe identifica tendencias clave que incluyen el aumento de demandas relacionadas con ESG, la evolución legal de Europa bajo la Directiva de Acciones Representativas, el incremento de litigios sobre criptomonedas, acuerdos de ciberseguridad que totalizan 560 millones de dólares y el aumento de casos relacionados con la IA. El acuerdo más grande fue la Acción Colectiva Antimonopolio de Préstamos de Acciones por un total de 580,008,750 dólares.
브로드리지 파이낸셜 솔루션즈 (NYSE: BR)는 2024년에 136건의 합의에서 52억 달러의 글로벌 증권 집단소송 합의가 이루어졌음을 밝혔다. 이 보고서는 미국 내 합의가 14% 성장했으며, 지난 5년 평균을 5% 초과했다고 강조합니다. 주목할 만한 경향은 다음과 같습니다:
- 각각 1억 달러를 초과하는 10개의 메가 합의
- 반독점 회수의 28% 증가
- 222건의 새로운 연방 증권 집단소송
- 전 세계적으로 새로 접수된 300건 이상의 사건
- 20개 이상의 국가에서 추적된 1,000건 이상의 미해결 사건
보고서는 ESG 관련 소송 급증, 대리 소송 지침에 따른 유럽의 법적 진화, 암호화폐 소송 증가, 5억 6천만 달러의 사이버 보안 합의 및 AI 관련 사건의 증가와 같은 주요 경향을 식별합니다. 가장 큰 합의는 5억 8천만 8750 달러에 해당하는 주식 대출 반독점 집단소송이었습니다.
Broadridge Financial Solutions (NYSE: BR) a publié son sixième Rapport Annuel sur les Actions Collectives Mondiales, révélant qu'en 2024, 5,2 milliards de dollars ont été atteints dans 136 règlements liés à des actions collectives en valeurs mobilières. Le rapport met en avant une croissance de 14 % des règlements aux États-Unis, dépassant la moyenne sur cinq ans de 5 %. Parmi les tendances notables, on trouve :
- Dix méga-règlements dépassant chacun 100 millions de dollars
- Augmentation de 28 % des recouvrements en matière d'antitrust
- 222 nouvelles actions collectives en valeurs mobilières au niveau fédéral
- Plus de 300 nouveaux cas déposés dans le monde entier
- Plus de 1 000 cas non résolus suivis dans plus de 20 pays
Le rapport identifie des tendances clés telles que l'augmentation des actions en justice liées à l'ESG, l'évolution juridique en Europe sous la Directive sur les Actions Représentatives, l'accroissement des litiges liés aux cryptomonnaies, des règlements en matière de cybersécurité s'élevant à 560 millions de dollars et l'augmentation des affaires liées à l'IA. Le règlement le plus élevé était l'Action Collective Antitrust sur les Prêts d'Actions, s'élevant à 580 008 750 dollars.
Broadridge Financial Solutions (NYSE: BR) hat seinen sechsten Global Class Action Annual Report veröffentlicht, der zeigt, dass 2024 weltweit 5,2 Milliarden Dollar in 136 Vergleichen in Wertpapier-Klagen erreicht wurden. Der Bericht hebt ein Wachstum von 14 % bei den Vergleichen in den USA hervor, das den fünfjährigen Durchschnitt um 5 % übersteigt. Bemerkenswerte Trends umfassen:
- Zehn Mega-Vergleiche, die jeweils über 100 Millionen Dollar liegen
- 28 % Zuwachs bei Antitrust-Rückforderungen
- 222 neue Bundesklagen im Bereich Wertpapiere
- Über 300 neu eingereichte Fälle weltweit
- Mehr als 1.000 ungelöste Fälle, die in über 20 Ländern verfolgt werden
Der Bericht identifiziert wichtige Trends, darunter den Anstieg von ESG-bezogenen Klagen, die rechtliche Entwicklung in Europa unter der Richtlinie für Vertretungsklagen, zunehmende Kryptowährungsklagen, Cybersecurity-Vergleiche in Höhe von 560 Millionen Dollar und immer mehr Klagen im Zusammenhang mit KI. Der größte Vergleich war die Antitrust-Class-Action zu Aktienkrediten in Höhe von 580.008.750 Dollar.
- Settlement values exceeded five-year average by 5%
- 14% growth in U.S. settlements
- Record-breaking antitrust recoveries with 28% increase
- Ten mega-settlements over $100 million each
- Expansion of business with over 1,000 organizations using BR's services
- Settlement values declined compared to previous year
- Increasing litigation risks with 300 new cases filed
Insights
The latest Global Class Action Report from Broadridge showcases the company's dominant position in the securities class action services market, with compelling metrics that signal strong revenue growth potential. Managing 160 million accounts and serving over 1,000 organizations, Broadridge has positioned itself as the go-to solution provider in an expanding market.
The report's findings reveal several strategic advantages for Broadridge: First, the 5.2% increase in settlement values above the five-year average, coupled with 300 new case filings, indicates sustained demand for their services. Second, the expansion into emerging areas like ESG, cryptocurrency and AI-related litigation demonstrates the company's ability to adapt to evolving market needs.
The company's Advocacy Model and proprietary technology create significant barriers to entry, while their global reach and extensive expertise (15-20 years average experience per team member) provide a competitive moat. The surge in complex cases, particularly in Europe with over 100 new collective redress claims, presents substantial growth opportunities as Broadridge can leverage its established infrastructure to capture new market share.
For institutional investors, Broadridge's comprehensive data and analysis capabilities become increasingly valuable as class actions grow more complex and global. The company's ability to identify recovery opportunities across multiple jurisdictions and handle administrative complexities positions them well to benefit from the trend toward more sophisticated litigation scenarios.
Mega settlements on the rise as antitrust settlements maintain record pace
"While settlement values dipped slightly below last year's figures, they exceeded the five-year average by
Key 2024 Global Class Actions Highlights:
- Mega Settlements on the rise: Ten cases each surpassed
$100 million 4% . - Antitrust Records Broken: Nine antitrust claim deadlines matched last year's high, while total recoveries soared
28% . - Unresolved Cases Expand: Influx of 300 new filings highlights increasing volume of unresolved securities disputes globally.
- Rise in Federal Filings: A total of 222 new securities class action lawsuits were initiated in
U.S. federal courts, marking the second consecutive year of increased filings.
Read the full 2025 Global Class Action Annual Report
Major Trends Reshaping Global Securities Litigation
- Environmental, Social and Governance (ESG) Lawsuits Dominate – Related shareholder actions surged, fueled by investors leveraging collective actions to enforce ESG principles.
Europe's Legal Evolution – The European Union (EU) continued its transition under the Representative Actions Directive (RAD), with compliance milestones met byBelgium ,Germany ,Ireland ,Austria andSweden in 2024. More than 100 collective redress claims were filed acrossEurope , setting a global precedent for opt-in litigation.- Cryptocurrency Complexity – As cryptocurrencies gain institutional traction amidst regulatory scrutiny, cases involving digital assets are rising sharply. This evolving financial frontier poses challenges for institutional investors navigating claims related to crypto and other emerging financial instruments.
- Cybersecurity Takes Center Stage – The sharp increase in cybersecurity-related settlements, including three of the year's top ten cases totaling
$560 million - AI Litigation Surges – Rapid advancements in artificial intelligence (AI) have invited legal challenges, with cases alleging insufficient AI disclosures doubling since 2020. Shareholders demand clarity on AI development risks and ethical implications, signaling a new wave of scrutiny.
The 10 Most Complex Cases of 2024
The report spotlights the 10 most administratively complex settlements of 2024. These cases provide vital lessons for navigating global asset recovery in an increasingly intricate legal ecosystem. According to Broadridge's 2025 Global Class Action Annual Report, these 10 cases are:
- Stock Loan Antitrust Class Action -
$580,008,750 - Mesoblast Securities Litigation - AUD
$26,500,000 - European Government Bonds Antitrust Litigation -
$120,000,000 - Perrigo Securities Litigation -
$97,000,000 - Gatos Silver, Inc. Securities Class Actions -
$24,715,600 - Boohoo Group plc Opt-in Securities Litigation - Pending Litigation (International Opt-in)
- BP Ordinary Shares Fair Fund -
$60,923,821 - Cleco Corporation Merger Settlement -
$37,000,000 - Oak Street Health Securities Settlement -
$60,000,000 - Under Armour Securities Litigation -
$434,000,000
Report Methodology
The 2025 Global Class Action Annual Report examines global cases identified by the Broadridge Asset Recovery Advocate™ database involving publicly traded securities or financial instruments that use a class action process to recoup lost funds.
The report identified more than 135 global settlements involving securities and/or financial products with a 2024 claim filing deadline. The report provides a comprehensive summary of the most complex cases of 2024 and highlights several other cases we deem to be honorable mentions.
The study is for informational purposes only and should not be considered as investment, legal, or any other form of advice.
Broadridge Global Class Action Services
Broadridge's team of dedicated class action experts include attorneys, client advocates, class action auditors, data analysts, research professionals and client service representatives, all of whom on average have 15-20 years of class action experience. Learn more about the team here. Over 1,000 organizations rely on Broadridge's global class action services because of our best in-class standards, worldwide reach and industry expertise. With 160 million accounts under management, our experts analyze and match all investment positions to identify recovery opportunities for each security relevant to every case.
Broadridge's proprietary technology and processes—the backbone of which is our Advocacy Model—enable you to reduce risk, improve the client experience, protect program data, and increase filing participation and recoveries. Given our extensive knowledge of claims administration, global securities litigation and antitrust litigation, we know the importance of accuracy, timeliness and transparency. Our proactive approach and unique system of analysis and reconciliation ensures we do everything possible to maximize your recovery.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than
Media Contact:
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Tatjana.Kulkarni@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.
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