ASBESTOS CLASS-ACTION SUIT Court overturns $1.3 billion settlement

摘要

Questioning the legitimacy of class-action suits, a federal appeals court has struck down a proposed $1.3 billion settlement between 20 asbestos product makers and at least 250,000 people claiming asbestos-related illnesses. The court decided each plaintiff's claims raise "radically different factual and legal issues from those of other plaintiffs." Plaintiffs' attorneys who negotiated the settlement and the Center for Claims Resolution, Princeton, N.J.— which represents the asbestos product makers—plan to appeal the ruling.