If it were to pass, the companies with deep pockets, ie. investment banks would be the constant target of class action lawsuits. So in order for a small group of shareholders to seek redress, many, many more would be hurt by the monetary drain of defending lawsuits.
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with Scalia, Roberts, Alito, Thomas and Kennedy towing the party line and depriving wronged shareholders of their opportunity to seek justice.
If it were to pass, the companies with deep pockets, ie. investment banks would be the constant target of class action lawsuits. So in order for a small group of shareholders to seek redress, many, many more would be hurt by the monetary drain of defending lawsuits.