Tuesday, 28 September 2010

Heavy hitters file amicus briefs in Wal-Mart class-action case

Bloomberg news reports that 19 companies have filed amicus briefs supporting Wal-Mart's appeal to the U.S. Supreme Court seeking to limit class-action lawsuits by workers by blocking female Wal-Mart employees from suing on behalf of 1.5 million women.  The companies filing amicus briefs include Microsoft, GE, Intel and Bank of America; they argue that judicial approval of a class action puts too much pressure on defendants to settle even frivolous claims. One brief argues that “Because the specter of potentially enormous class-wide liability compels defendants to settle even meritless claims, class certification decisions are often tantamount to a decision on the merits.”

No comments: