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News
March 8, 2017

Fix Class Action Lawsuits

It is lawyers, not consumers, who are the main beneficiaries of class actions, writes ILR President Lisa Rickard in a recent The Hill opinion piece that champions passage of the legal reform bills being voted on in the House this week.

“The system has become so dysfunctional that the amount paid to lawyers in class action settlements if often many times the amount actually paid to all of the thousands, and sometimes millions, of class members combined.”

Additionally, many mass tort multidistrict litigation (MDL) proceedings are “generated by pervasive television/radio/internet advertising campaigns sponsored by plaintiffs’ law firms” and these cases are flooding our courts.

The Fairness in Class Action Litigation Act (FICALA) would ensure these abuses are eradicated so that alleged victims receive due compensation. Additionally, FICALA would halt plaintiffs’ lawyers “tricks” that steer nationwide MDL cases into state court.

“Abuses of class actions and mass tort proceedings are a huge problem for our federal court system, for consumers, and for business,” concludes Rickard. FICALA is a “critical step toward correcting those abuses.”

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