January 29, 2015
Contact: Ben Klein, National Consumers League, email@example.com, (202) 835-3323
Washington, DC—Upon the reintroduction of the Furthering Asbestos Claims Transparency Act in the U.S. House of Representatives, H.R. 526, which purports to reduce fraud in the asbestos bankruptcy trust system through increased transparency, National Consumers League Executive Director Sally Greenberg has issued the following statement:
“The FACT Act of 2015 is a misguided attempt to derail the important work of the asbestos bankruptcy fund. This bill, if passed, would put the burden on some of the most vulnerable Americans—victims of asbestos-related illnesses—in their quest to achieve fair settlements for harms made against them. The FACT Act would unfairly give insurers the upper hand regarding asbestos claims and that is wrong. We urge Congress to stop this bill in its tracks.”
About the National Consumers League
The National Consumers League, founded in 1899, is America's pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.