BREAKING : House Passes Bill to Curb Frivolous Class-Action Lawsuits
On Thursday the House passed a bill that will place heavy restrictions on frivolous class-action lawsuits.
The GOP-sponsored bill was created to curb broad class-actions suits that are destroying companies and forcing consumers into lawsuits they don’t want to be a part of.
From The Hill
The House passed legislation Thursday to put new restrictions on class-action lawsuits.
The Fairness in Class Action Litigation Act was approved 220-201. It requires proof that each proposed member of a class-action suit has the same extent of injuries before a federal court can certify it.
Rep. Blake Farenthold (R-Texas) claimed the legislation is needed to curb overly broad class-action lawsuits that hurt companies and force consumers into lawsuits they don’t want to be in.
“The purpose of a class action is to provide a fair means of evaluating similar meritorious claims, not to provide a way for lawyers to artificially inflate this size of a class to extort a larger settlement fee for themselves, siphoning money away from those actually injured and increasing prices for everyone.”
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Good. Most of the times the bulk of the settlement didn’t go to the plaintiffs but the trial attorneys.
It’s about time. Now let’s curb frivolous lawsuits period.