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25 Jan 2010, 5:00 am
In the interests of maintaining that success, we offfer here a state-by-state break down of the precedent refusing to adopt “fraud on the market” or similar presumed reliance theories to state-law (not federal - no RICO or antitrust cases here) causes of action – everything from product liability to consumer fraud to state securities and other statutes. [read post]
22 Jan 2009, 2:06 am
We've posted extensively on why we think Conte is a particularly dangerous expansion of tort liability because it simply ignores what product liability has been about for 50 years - that responsibility for product-related injuries follows profit obtained from the manufacture and sale of products.Sadly, it looks like the court that more or less invented strict product liability is no longer all that much interested in its creation. [read post]
