On March 20th, Cornerstone Research published its review of 2012 securities class action settlements. The study found that the 53 settlements in 2012 represent a 14-year low. However, despite the decrease in the number of cases settled, total settlement amounts increased by more than 100 percent in 2012 compared with 2011. One-third of the settlements in 2012 were for issuers in the financial services industry, with the technology and pharmaceutical industries being the next most prevalent sectors. Cornerstone Research Press Release.