Often, class-action lawsuits aren’t about reforms. They are about using and abusing our...
Often, class-action lawsuits aren’t about reforms. They are about using and abusing our judicial system to generate wealth and status for attorneys.If you have watched television, streamed a movie, spent time on social media or searched online, you have probably seen advertisements from trial lawyers looking for plaintiffs to join various class-action lawsuits. Common targets are consumer products, pharmaceuticals, medical devices and chemicals.
Now, don’t get me wrong: Companies should be held accountable for product safety and negligence in proportion to the true harm and damage they have caused, but many mass tort lawsuits are orchestrated campaigns that aim to make trial lawyers rich. Tort reform efforts at the federal and state levels are needed, but in the meantime, what are companies to do? Their fiduciary obligation to their shareholders means they must pursue any legal means to preserve shareholder value, protect their employees, minimize losses and maintain future capacity.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mayor Eric Adams departs El Paso, Texas, after getting first-hand look at migrant crisisMayor Adams offered a scathing critique of the federal government on Sunday, calling for more help for cities like New York in dealing with an influx of migrants. He made the comments after touring El Paso, Texas. TimMcNicholas reports.
Read more »
6 common hair mistakes that can be ageingTop hairdressers and colourists reveal the ageing mistakes they see most often
Read more »
The battle over MLK's wordsWords from Martin Luther King Jr.'s 1963 'I Have a Dream' speech about a colorblind nation are repeated every MLK Day. But civil rights advocates say the now-frequent cherry-picking of quotes distorts his views and masks today's systemic racism.
Read more »
All the Unmade Indiana Jones Movies That Never Made It to TheatersIndianaJones films may be fun to watch, but they're often so hard to make.
Read more »
ON THE ELEVATION OF THE WESTERN COAST OF SOUTH AMERICA | HackerNoonThe evidence of recent elevation is here more satisfactory. - geology nonfiction
Read more »
Food fraud secretly infiltrates kitchens across America — here's how to avoid itFood fraud costs the global food industry $40 billion per year, misleading consumers while posing potential public health risks, according to the FDA.
Read more »