H.R. 1115. Class Action Lawsuits/Vote to Prevent U.S. Corporations From Merging With Foreign Companies As a Way
to Avoid Culpability for Illegal Actions.
house Roll Call 268
Jun 12, 2003
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During debate on a bill which would transfer the jurisdiction of class action lawsuits from state courts to the federal bench, Congresswoman Jackson-Lee proposed an amendment which would have prevented U.S. corporations from merging with foreign companies for the purpose of avoiding liability in a class action lawsuit. Progressives supported the Jackson-Lee proposal as a way to insure that those U.S. corporations that commit fraud or other illegal activities against individuals are held legally accountable for their actions. The Jackson-Lee amendment was defeated by a 185-238 vote margin. |
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