Corporate liability carriers in the future may have to defendagainst more class actions, but they will likely see more of themdismissed, judging by a new study.
According to a report by researchers at NERA Consulting,companies face an increased likelihood of being named as defendantsin a class action suit, with 10 percent probability of at least oneshareholder class action lawsuit over a five-year period based onthe filing rate for 2003-2005.
On the positive side for corporations, 40.3 percent of the casesfiled against companies between 1998 and 2003 ended indismissals.
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