Capital Hill Watch
Class Action Fairness Act of 2004 (S. 2062)
Debate will begin this week in the Senate on a needed bill for class- action reform — the Class Action Fairness Act of 2004 (S. 2062) [To view full legislation visit: The Class Action Fairness Act of 2004 (S. 2062) ] This measure would reduce attorneys shopping for sympathetic state courts by moving many class-action lawsuits from the state to the federal court system. As a result of this measure, consumers would benefit.
For such reforms there is ample evidence both anecdotal as well as bottom-line. For example, according to a study done by the Tillinghast business of the consulting firm Towers Perrin, the cumulative cost of torts was more than $230 billion in 2002. Each American pays a tort tax of $809 according to the firm's estimates. In settlements, often winners become losers. In one case, attorneys received more than $1.3 million in fees while the plaintiffs, who successfully challenged the purity of company's bottled water, received discount coupons for the water. Also, after the success of another lawsuit contending that Blockbuster Video's late fees were unfair, plaintiffs received coupons for movie rentals. However, in expenses and fees, their attorneys earned $9.25 million.
What Can You Do?
Urge your senators TO SUPPORT the Class Action Fairness Act of 2004 (S. 2062).
Capitol Hill Switchboard Numbers: 202-225-3121 or 202-224-3121 (Those numbers will direct you to the Capitol Hill operator. Ask for your senator's office.)
To go to your senators' websites, find their E-mail or to find out who your senators are... http://www.senate.gov/contacting/index_by_state.cfm
The Honorable (full name)
United States Senate
Washington, DC 20510
Dear Senator (last name):
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