Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 58.95

+1.3%

3:59 PM EST

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To: Theo Karantsalis who wrote (5066)	11/11/1999 10:41:00 AM
From: Ralph Bergmann	Read Replies (1) of 6439

the key paragraph: "''Class-action lawsuits should be used to resolve legitimate claims and not serve as a rigged lottery for trial lawyers,'' Lew Goldfarb, DaimlerChrysler vice president and associate general counsel, said in a statement. ''For too long, trial lawyers have been exploiting class actions, turning these lawsuits into a form of legalized blackmail. They launch frivolous cases because they believe that just the threat of massive class actions filed in many states can coerce a company into settlement. It's time they started paying for some of the costs of abusing our legal system.'' "

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