Families in Florida are spending more on goods and services due to the costs of litigation, reports St. PetersBlog. “Every year they are paying $3,400 more for everyday goods and services because of lawsuits,” ILR president Lisa Rickard said.
“The bottom line is that private securities class actions, even taking them on their own terms, are bad public policy,” write Mukesh Bajaj and Jeff Nielsen in Law 360. “The inescapable conclusion is that the true beneficiaries of securities class actions are lawyers, not investors.”
The Supreme Court refused to hear an appeal that could have revived Delaware’s corporate arbitration program. Wall Street Journal