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December 14, 2007
"Here come the climate-change lawsuits"
A financial writer at Motley Fool advises caution on stocks of companies that might face legal claims: "Known to its detractors as Trial Lawyers, Inc., the plaintiffs' bar makes serious bucks by launching mass tort and class action suits. The bigger the damages, the bigger the contingency fees, so high-profile harm is how these litigation firms make hay -- and it doesn't get much more high-profile than climate change."
Posted by Walter Olson at 12:12 AM
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categories:
Regulation Through Litigation
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