Floridians for Lawsuit Reform announced on X that private investors are increasingly funding large lawsuit payouts, inflating claim costs and avoiding U.S. taxes.
Floridians for Lawsuit Reform announced that since the passage of House Bill 837 (HB 837) in 2023, property litigation in Florida has decreased by 30%.
Floridians for Lawsuit Reform announced on X that legal service providers spent $2.5 billion on nearly 27 million ads in 2024, many promoting mass tort lawsuits funded by private investors seeking a share of future settlements.
Floridians for Lawsuit Reform announced on X that private investors contribute more than $16 billion annually to mass legal cases, which raises costs for consumers and businesses.
Floridians for Lawsuit Reform announced on X that one in ten Americans have fallen victim to contractor scams, with baby boomers and millennials among the most targeted.