Over the years, statutory damages were used as a remedy in consumer protection and intellectual property laws. However, these remedies could be abused and misused as they provide plaintiffs with significant procedural advantages. Plaintiffs can be awarded statutory damages without being required to prove the monetary value of the damage and injury. When claims or parties are aggregated, statutory damages may also expand the potential liabilities of defendants. Furthermore, without the Supreme Court’s clear guidance on statutory damages and with the continued evolution of the class action landscape, businesses may also be confronted with various challenges and threats. Thus, keeping abreast of the recent trends and developments is crucial to avoid potential legal pitfalls and risks.
This webinar, hosted by The Knowledge Group, will feature a panel of speakers including Richard Gottlieb, partner and co-chair of Manatt’s financial services practice. The webinar will provide an overview of the latest trends and critical issues with respect to statutory damages in class litigation.
The live webinar was held Wednesday, Sept. 27.
The webinar can be viewed here.