The New York State Assembly and Senate Consumer Protection Committees are scheduled tomorrow to consider a bill that would allow more lawsuits under the state's General Business Law. Such a radical expansion of the law will open the flood gates for litigation, have a detrimental impact on economic activity, and lead to astronomical and disproportionate liability in class actions. LRANY strongly opposes this bill and urges interested parties to contact their legislators to urge them to vote no on S2407C/A679C. The bill would increase minimum damages forty-fold, from $50 to $1,000 which will attract even more questionable class action lawsuits to New York's courts and create outsized liability that will force defendants to settle even the most meritless claims.
Please use the form to the right to contact your legislator today to oppose S2407C/A679C!