Duane Morris Class Action Review - 2023 - Report - Page 12
II.
The Class Action Trends Of 2022
Trend # 1 – Class Action Settlements In 2022 Redistributed Wealth At
An Unprecedented Level
Aside from the Big Tobacco settlements nearly two decades ago, 2022 marked the
most extensive set of billion-dollar class action settlements in the history of the
American court system.
The largest 20 settlements during 2022 included the following:
Many of these settlements arose from opioid litigation against the pharmaceutical
industry.
On an aggregate basis, class actions and government enforcement lawsuits against
opioid manufactures, retailers, and distributors garnered more than $50 billion in
settlements.
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© Duane Morris LLP 2023
Duane Morris Class Action Review – 2023