As private lawyer, Trump high court pick was friend to business - News Summed Up

As private lawyer, Trump high court pick was friend to business


As private lawyer, Trump high court pick was friend to businessAs a lawyer in private practice for a decade, President Donald Trump's U.S. Supreme Court nominee Neil Gorsuch often fought on behalf of business interests, including efforts to curb securities class action lawsuits, experience that could mould his thinking if he is confirmed as a justice. Securities class action lawsuits are filed by investors who allege misconduct by a company whose stock price has tanked, hurting investors' portfolios. Congress passed laws in 1995 and 1998 making it harder to bring securities class actions. While there, he filed two briefs on behalf of the Chamber of Commerce seeking limits to securities class actions. In a statement issued after the nomination was announced, chamber President Tom Donohue congratulated Trump on the selection.


Source: VietNamNet News February 02, 2017 04:31 UTC



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