"Caps are not the answer" insists value investor Todd Sullivan. I asked him to respond to the tort issue of placing limits on damages in personal injury lawsuits. Last week, the Ohio Supreme Court ruled such caps as constitutional and the Oregon Supreme Court ruled just the opposite.
"All caps actually wind up doing is this," continues Todd. "When there are caps legitimately hurt people do not receive just compensation for their injuries. What needs to be done is to establish a better vetting process to eliminate bogus lawsuits."
Todd Sullivan's comments on financial markets appear in top-tier business media, including THE WALL STREET JOURNAL, FORBES, FORTUNE, CNN MONEY and his own VALUEPLAYS.
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