Carlton Fields Shareholder Chris Coutroulis was quoted in the Tampa Bay Business Journal article, “Class Actions Costing Business More, Says Tampa Law Firm.” Coutroulis directs Carlton Fields’ annual Class Action Survey about trends in class action litigation. “The trend is towards more complex, high-risk, bet-the-company class actions,” he said. Coutroulis also noted trends such as more companies designating one person to manage its class actions, an uptick in early case assessment and more settlements of class actions before a class certification decision. Carlton Fields interviewed general counsel or senior legal officers at 381 companies in 25 industries ranging from banking to manufacturing, energy and consumer goods.
Read the article.