In a study commissioned by the Institute for Legal Reform, researchers at Mayer Brown looked at the results of 148 class action lawsuits. The results, while not surprising, are unsettling nonetheless. Among the findings:
Not one of the 148 cases resulted in a final judgment on the merits of the plaintiff’s case. All but a handful of the cases produced no benefits whatsoever for members of the respective classes represented by the plaintiffs.
A Washington Examiner editorial says that lawsuit abuse deserves more critical attention from the public. “It’s been nearly 20 years since Congress last seriously addressed this issue,” the Examiner writes. “It’s time to change that fact.”