Baltimore's Lawsuit Strategy: Revenue or Risk?
Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Baltimore City has successfully secured hundreds of millions in lawsuit settlements, targeting companies like opioid makers, Monsanto, and JUUL. However, not all cases are winners, as seen with the recent dismissal of a major suit against big oil and gas firms. Taxpayer advocates warn of high upfront costs and potential losses, with settlement funds often lacking clear plans. While lawsuits provide a revenue source without tax hikes, experts caution that relying on court wins is risky due to lengthy appeals and uncertain payoffs.
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