Litigations

Foreign Funding of Mass Tort Litigations Raises National Security Concerns and Threatens American Innovation

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Washington, D.C. – Innovation is a critical asset for the United States, but it is facing a growing threat. Foreign competitors and adversaries are increasingly engaging in industrial espionage against American companies, posing a significant risk to national security. One emerging avenue through which foreign entities can gain access to sensitive information and manipulate the American economy is the third-party funding of mass tort litigation. To address this issue, a change in the law is necessary. Mass tort litigations involve lawsuits filed by lawyers who specialize in suing large corporations for damages caused by their … Read more

Unmasking the Hidden Backers: Shedding Light on Funding Behind Mass Tort Litigations

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Los Angeles, California – Recent efforts are underway to unveil the sources of outside funding for mass tort litigations. The disclosure of such information is vital as it sheds light on potential biases and conflicts of interest within the legal system. Organizations advocating for transparency argue that revealing the funding sources can help ensure fairness and integrity in mass tort cases. Mass tort litigations involve a large number of plaintiffs who have been harmed by a common product or action. These cases often attract substantial funding from third-party investors, such as hedge funds or venture … Read more