During the financial meltdown, certain companies were deemed too big to fail. Last week, the U.S. Supreme Court decided that some lawsuits are too big to succeed.
In a double win for big business, the Supreme Court on June 20 issued both Wal-Mart v. Dukes and American Electric Power v. Connecticut. The Wal-Mart decision killed off the biggest anti-discrimination class action in history, while in the other case, a majority rejected an ambitious effort by states and private land trusts to combat climate change through public nuisance lawsuits against major utilities.
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