Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Court Throws Out $1 Billion Verdict in State Farm Case

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-18-05 10:23 AM
Original message
Court Throws Out $1 Billion Verdict in State Farm Case
http://ap.tbo.com/ap/breaking/MGBGX6C5JCE.html

SPRINGFIELD, Ill. (AP) - The Illinois Supreme Court on Thursday reversed a $1 billion judgment against State Farm Insurance Co. in a class-action lawsuit alleging the company used substandard parts to repair damaged cars.

The court held that the lawsuit should never have been given class-action status. Differences in customers' insurance policies meant they did not share the same conditions, as required to sue as a group, justices found.

It was also a mistake for an Illinois trial court to grant national class-action status when there was only one named plaintiff from Illinois and he failed to prove he had suffered actual damages, the Supreme Court found.

In 1999, a jury ordered Bloomington-based State Farm to pay nearly $1.2 billion for failing to provide top-quality parts when paying for auto repairs. At the time, it was the largest judgment in Illinois history.

<snip>
Printer Friendly | Permalink |  | Top
craychek Donating Member (173 posts) Send PM | Profile | Ignore Thu Aug-18-05 10:24 AM
Response to Original message
1. that's a bunch of crap n/t
Printer Friendly | Permalink |  | Top
 
rrrevolution Donating Member (295 posts) Send PM | Profile | Ignore Thu Aug-18-05 10:33 AM
Response to Original message
2. And People Say Campaign Contributions Don't Talk . . .
Wonder how much State Farm Insur and their buddies contributed to the Repubs/Bush campaign?

Oh well, it is back to normal -- get out the substandard, used, old parts to repair their insured's vehicles, and spend the difference on deceptive tv and ad campaigns--less the amounts they pay their executives for pulling this off.
Printer Friendly | Permalink |  | Top
 
annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-18-05 10:36 AM
Response to Original message
3. Look to see this kind of thing more and more...
It's harder to get "class-action" status now, so big business can just swat flies, resting in hammocks in the summer sun.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Oct 31st 2024, 06:16 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC