Global Securities Class Action Landscape: 2021 Year in Review & 2022 Outlook


The global recovery landscape continues to rapidly evolve.  Last year, filings were down worldwide due in part to the pandemic, but recoveries were up.  As we look to 2022, what trends will continue to impact the securities litigation space and what's next that investors should be aware of? 

Watch our on-demand webinar to hear Mike Lange, Esq., our SVP of Worldwide Litigation, and Colin Holmes, Esq., Associate Counsel, look back on 2021 and preview 2022 and beyond, including:


  • US Settled Securities: In 2021, US securities class action filings retreated from prior years, but settlements were up slightly.  We look closer into three types of cases - COVID-19, Crypto, and SPACS - and discuss what to expect this year, for these types of cases and for filings and settlements overall. 
  • US Settled Antitrust: Last year, there were 8 significant US antitrust matters with claim filing deadlines.  To date, $3.5B has been distributed from 5 fully-settled cases.  There’s another $3.9B waiting to be distributed from 14 fully or partially settled matters.  What’s left in the gas tank for 2022 and beyond? 
  • Non-US Securities and Antitrust: Where were the opportunities for global litigation in 2021?  Learn why Australia, The Netherlands, Italy, and China are countries investors should pay closer attention to in 2022.  We also explain why case funders are requiring more up-front paperwork and the increased role ESG factors are expected to play in registration decisions.


Michael Lange
Senior Vice President of Worldwide Litigation
Financial Recovery Technologies

As Senior Vice President of Worldwide Litigation, Mike is primarily responsible for FRT’s Non-US Opt-In, Antitrust, and US Opt-Out services. In that role, he helps clients navigate the many challenges in evaluating recovery opportunities, analyze the associated risks, and build a comprehensive shareholder litigation program that maximizes returns while minimizing risk. He has a deep working knowledge of securities litigation worldwide, and a rich network of relationships in the US and abroad with lawyers, funders, and other professionals involved in recovery efforts, all of which he brings to bear for FRT clients. A licensed attorney since 1991, before joining FRT, Mike was a Partner at Berman DeValerio & Pease, one of the country’s leading law firms prosecuting securities, consumer, and antitrust litigation for institutional investors. Mike holds a J.D., cum laude, from Harvard Law School and a B.A. in Economics, magna cum laude, from Swarthmore College.