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September 20, 2016

WATCH: Deterring Fraud in the Longest Running Mass Tort in History

40 years of asbestos lawsuits have bankrupted almost 100 companies, costing tens of thousands of jobs. It’s the longest running mass tort in history.

The trusts set up by Congress to help asbestos victims once had $30 billion dollars, but that money is fast dwindling. 

ILR’s latest Faces of Lawsuit Abuse video shows how those trusts have been racked by fraudulent claims and features an interview with former Washington State attorney general Rob McKenna, who describes how the Furthering Asbestos Claims Transparency (FACT Act) would deter fraud by making public some trust claims data — while protecting the privacy of asbestos claimants.

Watch the full video here.

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