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Friday, May 02, 2003Class-action suits have also become an ATM for unscrupulous lawyers, who win millions of dollars for themselves but sometimes leave clients empty-handed. Last year, lawyers suing Blockbuster Video reached a settlement giving their clients coupons for free movie rentals. The lawyers pocketed $9.25 million - and Blockbuster was allowed to continue the late-fee practices that triggered the lawsuit. Plaintiffs suing Columbia House record club got nothing but a discount on future purchases. Their lawyers took home $5 million, plus expenses. Sometimes, plaintiffs lose money while lawyers get fat fees. And, on the medical malpractice front, the Senate will soon be considering the issue, but whether or not they’ll get to vote will depend on the behavior of the Democrats: The Senate will soon consider a medical liability reform bill, following last month's passage by the U.S. House of Representatives of the White House-sponsored Health Act, which would limit punitive damages in malpractice cases. "We realize this is an uphill battle," Purdon said. "Some Democratic senators have threatened to filibuster Now why would they do that? posted by Sydney on 5/02/2003 08:04:00 AM 0 comments 0 Comments: |
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