Battea – Class Action Services, LLC Announces Quarterly Securities Class Action Settlement Distribution Statistics

Stamford, CT - 4 June 2013

Battea – Class Action Services, LLC, the industry’s leading provider of securities class action recovery services for institutional investors, reported quarterly securities class action settlement fund payouts for first quarter 2013 and fourth quarter 2012.

During the first quarter of 2013, there were primary distributions in 27 cases, representing total settlement funds of approximately $678 million. The average settlement fund size was approximately $25 million, with the largest settlement exceeding $205 million. A total of six settlements were disbursed in January, ten settlements in February and 11 settlements in March.

The table below lists the five largest securities class action settlements that distributed in the first quarter of 2013:

Disbursement Date

Company

TickerSettlement Fund
1/16/2013 CENTRO PROPERTIES GROUP CNP AU 205,120,000
3/4/2013 MF GLOBAL, LTD. MF 90,000,000
3/29/2013 MFS MASSACHUSETTS FINANCIAL SERVICES COMPANY - MUTUAL FUNDS MFS FUNDS 75,042,250
3/14/2013 ALLIANCEBERNSTEIN MUTUAL FUNDS AB FUNDS 74,586,650
2/28/2013 SIGMA PHARMACEUTICALS, LTD. SIP AU 59,000,000

During the fourth quarter of 2012, there were primary distributions in 30 cases, representing total settlement funds of over $1.9 billion. The average settlement fund size was approximately $63 million, with largest settlement exceeding $620 million. A total of six settlements were disbursed in October, ten settlements in November, and 14 settlements in December.

The table below lists the five largest securities class action settlements that were distributed in the fourth quarter of 2012:

Disbursement Date

CompanyTickerSettlement Fund
12/26/2012 COUNTRYWIDE FINANCIAL CORP CFC 624,000,000
11/30/2012 IPO SECURITIES LITIGATION Multiple Tickers 586,000,000
11/5/2012 MORGAN KEEGAN STATES FUND RHIIX 100,000,000
10/10/2012 DEL MONTE FOODS CO. DLM 89,400,000
11/13/2012 CREDIT SUISSE GROUP CS 70,000,000

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