Key Finding: This chart uses PTO statistics concerning the number of petitions that were denied institution in a given period. In the PTO’s FY 2013, 13.5% of institution decisions were denials, while in the PTO’s FY 2015 the rate climbed to 34.7%, and decreased slightly to 33.8% in the PTO’s FY 2016. Interestingly, the rate of pre-institution settlement also climbed during this time. The PTO’s statistics state that, in FY 2013, there were 20 settlements before an institution decision. In FY 2014, there were 106 settlements before institution, which increased to 275 in FY 2015. In FY 2016, settlements before institution decreased to 229. Note that the PTO’s fiscal year runs from October 1 to September 30.