U.S. Chamber 'Lawsuit Climate' Survey: Another Corporate Bailout
Report is latest tone-deaf call from corporate front-group for less corporate oversight and accountability
WASHINGTON, March 22 /PRNewswire-USNewswire/ -- After its policies drove our country to economic collapse, the U.S. Chamber of Commerce wants more of the same. The annual "lawsuit climate" rankings released today by its Institute for Legal Reform are yet another call for less oversight and accountability for the Wall Street, drug, and insurance companies that fund this corporate front group.
The survey relies on the opinions of corporate defense attorneys that profit when they shield their corporations after injuring American consumers, and is bankrolled by companies like AIG, which gave nearly $25 million to the Chamber in the last decade to sit on its board of directors.
"The Chamber's report is just another shallow attempt to weaken the civil justice system to help its Wall Street and big business financers," said American Association for Justice spokesman Ray De Lorenzi. "The American people have seen what happens when the Chamber's largest clients – like AIG, insurance and drug companies – are not held accountable. This is just one more call from the corporate lobby to bail out negligent corporations while everyday Americans are left holding the bag."
Year after year, academics, consumer groups, and independent media have ridiculed the report for its errors and lack of methodology. In September 2009, Theodore Eisenberg of Cornell Law released a study calling the rankings "inaccurate, unfair, and bad for business."
For a detailed analysis of all errors and criticisms of previous U.S. Chamber rankings, visit: http://www.justice.org/cps/rde/xchg/justice/hs.xsl/11932.htm.
As the world's largest trial bar, the American Association for Justice (formerly known as the Association of Trial Lawyers of America) works to make sure people have a fair chance to receive justice through the legal system when they are injured by the negligence or misconduct of others--even when it means taking on the most powerful corporations. Visit http://www.justice.org.
SOURCE American Association for Justice
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