Frivolous lawsuits are making a bad economic situation even worse for small businesses
NFIB, the nation’s leading small business advocacy organization, today launched a statewide radio and digital ad campaign urging the Legislature to pass S.293/H.420, legislation that would stop lawsuit abuse in the state.
“Inflation may be one of the greatest challenges facing Main Street businesses, but frivolous lawsuits are making a bad situation even worse,” NFIB State Director Rosemary Elebash said.
“If you’ve been wronged, you have a constitutional right to seek compensation, but some cases are filed simply because someone sees a chance to make money,” Elebash said. “Lawsuit abuse results in higher prices for everyone. Insurance companies charge small businesses higher premiums to cover the cost of baseless litigation, and that leads to higher prices.”
Research by The…
