2 ms·
Not even as a deterrence?
by mohamedkoubaa 5mo ago
Not even as a deterrence?
- amluto 5mo agoGo find some class action settlements. There’s a good chance the total damages (substantially) less than the profits from whatever behavior generated the lawsuit, and that’s not even accounting for interest. So, no.
- thfuran 5mo agoAnd also not accounting for the other big factor: the probability of getting caught and reaching such a settlement/verdict. If the consequence is a thirty percent chance of paying thirty percent of the gains back in thirty years, malfeasance is just good business, not a credible risk. It needs to be unprofitable and pierce the corporate veil.