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Besides the consumer cases and the shareholder lawsuit, First Alliance is also facing lawsuits by regulators in Illinois and Massachusetts.
Adding tens of thousands of new consumer cases to trial court dockets across the country will solve nothing.
And yet the specific abuses proven in the federal case do not directly relate to key charges in many of the civil consumer cases.
"The Achilles heel of the consumer cases is putting a number on damages," said Andrew Gavil, an antitrust professor at the Howard University law school.
While such an approach is sometimes used in commercial litigation, this is a first for consumer cases, said Lester Brickman, a professor at Cardozo Law School in New York.
Although the new rule wasn't meant to apply to consumer cases or to tort cases, Martha Minow, a professor at Harvard Law School, said, "There were lawyers out there, people like Mel Weiss, who read the rule and saw how they could start bringing these mass cases for money damages.
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Take away VOD and there's not much of a consumer case.
JH A In a consumer case such as yours, a court would probably decide that damages would be adequate compensation for the faults with your kitchen.
Results revealed a variation in the mean occurrence of the clinical indicators in consumer case notes of 18.5 89.9%.
Open image in new window Fig. 5 ROC curve hypergeometric and binomial sampling plans PL 3000, 1400, c): advantageous to the consumer Case 10-5 AQL = 0.5% and LTPD = 1.0%.
This study compares the welfare implication of privatization of the distribution networks by comparing two extreme cases, a pure regional distributional monopoly case and a representative pure "free" consumer case, with a benchmark case of administered price regulation.
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