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February 12, 2016

Sen. Jeff Flake Champions Fact Act to ‘Discourage Fraud and Abuse’

U.S. Senator Jeff Flake is a sponsor of the Furthering Asbestos Claims Transparency (FACT) Act because a “lack of transparency and oversight has resulted in a system where claimants can file inconsistent claims among the numerous trusts or against trusts and solvent companies in the tort system,” Flake’s spokesperson told Arizona Business Daily.

“The FACT Act is a common-sense transparency law that will discourage fraud and abuse in the asbestos compensation system while protecting the sensitive information of claimants by shielding their medical records and their full Social Security numbers from disclosure,” said Flake.

Read the full story here.

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