Cantor Votes to Stop Lawsuit Abuse
Washington, D.C. - Today Chief Deputy Majority Whip Eric Cantor (VA-07) voted in favor of the Class Action Fairness Act (S.5), which addresses some of the most serious forms of lawsuit abuse by allowing larger interstate class action cases to be heard in federal courts. The bill passed the House today by a vote of 279 to 149.
"According to the Business Roundtable, our nation's civil justice system is the most expensive in the world, costing our economy $246 billion a year. This money could be far better invested in pursuing the goals of productivity and innovation thereby increasing our nation's global competitiveness," said Congressman Cantor.
"The House passed today, as it has in the last three congresses, a bipartisan bill that closes this loophole and creates federal jurisdiction over large multi-state class action cases," said Cantor.
"The Class Action Fairness Act gives us the opportunity to put an end to frivolous lawsuits and to return the focus to affording individuals the right to pursue legitimate claims in court without undermining confidence in our justice system. Removing the uncertainty caused by frivolous lawsuits will help create an environment for investment and job creation, making America more competitive," concluded Cantor.