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Go find some class action settlements. There’s a good chance the total damages (substantially) less than the profits from whatever behavior generated the lawsui
by amluto 5mo ago
Go 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.