Big Law

Companies spent $2.46B defending class actions in 2018

The cost of defending class action lawsuits continues to get more expensive for businesses even though the number of them that are being sued is shrinking. Experts say that’s because more companies are facing multiple lawsuits and the cases are getting more complex and risky.

The Carlton Fields Class Action survey shows class action costs have been going up for the past four years, after declining from 2010-2014. The most common types of lawsuits are labor and employment cases, according to the survey.

Read the source article at Insurance Journal

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