Where there’s an increase in large, complex settlements in investor lawsuits, one can expect a concurrent increase in activity in the asset recovery community. 

That’s precisely what happened in 2022 according to Steve Cirami, the head of the class action team at fintech company Broadridge—a group that helps institutional investors including hedge funds, pensions, asset managers, and broker-dealers track litigation and navigate the claims process. Last year was the busiest Broadridge has seen in years, with 21% more filing deadlines year-over-year and a total settlement pool 142% larger than in 2021.