Tuesday, August 12, 2014

Are Class Action Suits Right for You??

Will say that a Class Action Law Suit is on way for the many "Common Folk" to go against Big Business.

However, when we apply the Basic Equation of $$$$=Greed=Corruption, here is what can happen.

Noting, if you have an Family issue with the Child Protective Agency, may a suggest a very good group on FaceBook:Families Against Government Abuse
Getting close to 5,000 members.
This group has been created to provide parents, grandparents, aunts, uncles, extended family, attorneys, and others who are interested in the issue, crucial information regarding how they can pursue their rights against Child Protective Service agencies across the country. We will continue to post relevant information, including cases, articles, and templates as a free resource to enable readers to access information and working documents that can be easily adapted to meet particular circumstances.

Sidenote: Be that One Small Voice and take Our Parent Survey when faced with the Child Protective Agency>> Learn More

~~Check Out the Article~~

Legal System Catches Up to Master of Disaster Mass Tort Trial Lawyer

August 12, 2014
A Wall Street Journal op-ed today commented on the poetic justice of “class-action kingpin” Stanley Chesley’s recent legal troubles. The famed mass tort trial lawyer who “built a career gaming the legal system for his benefit” may now be held accountable—to the tune of $25 million and possible punitive damages—for having “knowingly participated in a scheme to skim millions of dollars in excess attorney’s fees from unknowing clients.”

As we reported on August 6, Chesley, known as the “Master of Disaster,” won $200 million in a fen-phen diet drug settlement in 2001; two attorneys in the case later went to jail for “cheating their own plaintiffs out of all but $46 million (23%) of that award.” Chesley, who pocketed $20 million of the settlement, was granted immunity in the federal trial but was disbarred in Kentucky last year for his role in the scandal.

According to the article, the July 29 ruling by Boone County Judge James Schrand to hold Chesley jointly and severally liable for the $42 million civil judgment following the scandal is a victory for the legal system and demonstrative of “how common fraud is in the lawsuit-manufacturing industry.”

Related News

New U.S. Chamber Reports Signal Enhanced Risk of Lawsuit Abuse in Latin America

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Russell G. Ryan, former assistant director of enforcement at the SEC, writes an op-ed in today's Wall Street Journal entitled, "The SEC as Prosecutor and Judge." Read More »

In The News Today - July 29, 2014

July 29, 2014 | Insights
Smith & Wesson Holding Corp. agreed to pay $2 million to resolve a Securities and Exchange Commission investigation into allegations of violations of the Foreign Corrupt Practices Act. Read More »
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