In his role as President of the American Association for Justice, Beasley Allen Shareholder Gibson Vance keeps an eye on legislation before Congress. In this video, he expresses his concern about H.R. 5, which is currently pending in the U.S. House of Representatives. The bill would place a cap on damages even in wrongful death cases at $250,000. This means companies that place dangerous, defective or otherwise harmful drugs, devices or products in the stream of commerce would not be held to a reasonable standard of liability. Sadly, for many corporations, it is primarily the fear of taking a hit in their bottom line – their profit – that spurs them to do the right thing. This legislation would free them from that burden, and put everyday people in danger. Please call your Congressional representative and ask them to vote “NO” on H.R. 5.
April 22, 2011