I have never been a big fan of solving problems through lawsuits and the worst kind are class actions. I know many of you probably disagree with me because you have personally profited by a class action lawsuit in the past. In recent months, I have received numerous letters from law firms around the nation that have notified me that I am a members of a class action lawsuit. Many of these lawsuits are against companies that I once owned stock in and who are now in severe financial trouble, while a few of them are out of business. What bothers me the most about some of these class action lawsuits against public companies is that when I bought their stock I knew there was a risk that the stock could go down - but now attorney's are trying to portray hundreds of people like myself as stupid victims that did not know what we were doing. That really makes me mad because without the the possibility of failure, there can be no true capitalism in the United States.

Class Action Lawsuits