Most Favor Reform of the Class Action Suit

Tuesday, June 6th, 2000 Litigation

The majority of respondents to a recent Insurance Research Council (IRC) survey of U.S. households support changes in the way that class action lawsuits are handled. Seventy percent of survey respondents agreed that significant reform of the class action lawsuit system is needed. Class action lawsuits are legal actions filed by a few individuals on behalf of a large number of people who together attempt to obtain a legal remedy for some alleged wrong. Two common examples of class actions are consumer class actions (in which the plaintiffs contend that a business has engaged in fraudulent business practices) and mass tort class actions (in which the plaintiffs allege that the defendant has caused them personal injury or property damage).

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http://www.ircweb.org/news/2000-06-06-2.htm

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