The SCAS 50 for 2005
For the third year, my company (ISS' Securities Class Action Services) has issued its "SCAS 50" report. Based on data from the SCAS database, the SCAS 50 lists the top 50 plaintiffs' law firms ranked by the total dollar amount of final securities class action settlements occurring in 2005 in which the law firm served as lead or co-lead counsel. The full report is available here.
2005's Top 10:
| RANK | LAW FIRM | SETTLEMENT TOTAL | # OF SETTLEMENTS | AVERAGE |
| 1 | Bernstein Litowitz Berger & Grossmann | $3,745,600,714 |
9 |
$416,177,857 |
| 2 | Barrack, Rodos & Bacine | $3,671,825,714 |
5 |
$734,365,143 |
| 3 | Lerach Coughlin Stoia Geller Rudman & Robbins | $1,797,130,893 |
47 |
$38,236,828 |
| 4 | Milberg Weiss Bershad & Schulman LLP | $637,460,000 |
34 |
$18,748,824 |
| 5 | Grant & Eisenhofer | $322,372,420 |
6 |
$53,728,737 |
| 6 | Schiffrin & Barroway | $265,995,000 |
14 |
$18,999,643 |
| 7 | Berger & Montague, P.C. | $229,300,000 |
10 |
$22,930,000 |
| 8 | Pomerantz Haudek Block Grossman & Gross | $226,250,000 |
3 |
$75,416,667 |
| 9 | Bernstein Liebhard & Lifshitz LLP | $161,900,000 |
7 |
$23,128,571 |
| 10 | Labaton Sucharow & Rudoff LLP | $152,850,000 |
9 |
$16,983,333 |
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Tracked on August 16, 2006 9:26 PM