Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris.
Gerald L. Maatman, partner at the firm and co-author of its 650-page report, said class-action settlements in 2024 were “like a gold rush, with plaintiffs mining the courts for massive payouts.”
Settlements in 2024 across all areas of litigation totaled about $42 billion in 2024. It was the third year a row settlements eclipsed $40 billion and the third-highest total value of the last 20 years, according to Duane