Class Settlements And The Risks Of Viral Media Attention

By Kevin Skrzysowski (August 19, 2019, 1:23 PM EDT) -- Unfortunately, class action settlements tend to be another step down the road of financial uncertainty and unpredictability. In the class action context, when resolving a case using a claims-made settlement, the financial payout varies significantly, which can adversely impact liquidity, enterprise value, cash flow and assets. Additionally, when settlements go viral, companies face extreme losses which could exceed reserves and available cash on hand. ...

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