Frivolous lawsuits are on the rise and are having a devastating effect on our small businesses. While small companies take in 25% of America’s business revenue, they bear 68% of business tort costs—a staggering $88 billion!

 

America's legal crisis is crippling companies, driving down shareholder value, putting employees out of work, raising consumer prices and making a handful of plaintiffs' lawyers millionaires overnight.

 

Here’s the bottom line: A single frivolous lawsuit can ruin a business, small or large. The good news is that we are fighting back- in Congress, in the states and in the courts. Together we can work to make America's civil justice system simpler, fairer and faster for all by enacting meaningful class action reform.

 

The Class Action Fairness Act is a moderate, well-measured bill that will ensure a simpler, fairer, and faster legal system by:

• Helping move large, multi-state class action lawsuits from state to federal court, preventing widespread "venue shopping" by trial lawyers. 
   
• Limit settlements in which class members actually lose money to pay attorneys’ fees.
   
• Ensuring the fair and even distribution of damage awards to all plaintiffs.
   
• Helping protect class members from getting coupons of little or no value while attorneys make millions of dollars.