Comment by amluto
12 hours 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.
12 hours 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.
And 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.