On the recordFebruary 16, 2005
We are talking about protecting Americans' pockets books, because our constituents know somebody is going to pay, and if greedy lawyers are getting big settlements, they are going to be paying more at the cash register every single time they go buy something. An entire industry has grown up over attorneys seeking cash in these class-action lawsuits. Our courts are to be designed for fairness, a forum of fairness and justice, but they have become a virtual ATM for greedy lawyers when it comes to class-action lawsuits. Lawyers go file a class-action lawsuit and collect millions of dollars, just as the gentleman from Georgia was saying; and the clients, who they barely know, most times they have never even met most of these folks, those clients are receiving pennies. Mr. Speaker, my colleague spoke saying this would not help the victims. I would like people to know the Class Action Fairness Act does not restrict true victims from filing class-action lawsuits.
Source
govinfo.gov




