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Lindsay Lohan Sues E-Trade

Mar 9th, 2010 by David Anderson

I have nothing against Lindsay Lohan, she is a troubled but talented individual who I hope finds her way. I do have a larger problem with the attorney or attorneys who are feeding her (and others) delusional paranoia. She is suing E-Trade for 100 million dollars because baby Lindsay is a milkaholic and she is an alcoholic. The baby Lindsay stole boys. She steals boyfriends. She says the ad was modeled on her and used her first name therefore she should be paid. She claims Lindsay is so associated with her that when the name is mentioned she is the person that is thought about. It is like Oprah or Madonna.

Leaving aside her grandeur, what attorney did not explain to her that the High Court has ruled that parody is a free speech. People are allowed to poke fun at you without paying off to you.

E-trade is laughing this off. It just revives the buzz around the commercial.

The larger issue of frivolous lawsuits is not laughing matter. They are estimated to cost the American business community $865 billion. That is like taking away 6% of our economy from productive uses such as research and development, new energy investments, plant investment, expansion, marketing, and new product launches. It is money that could be used to help make America more competitive in the global economy. Instead, it is like a tying ankle weights to a runner who is ready to compete in a big race. Look at the lawsuits against Toyota. Are they to force the car maker to take safety precautions? No, they are already doing it themselves. It is for alleged devaluing of the resale value of the cars. Since when was that an entitlement?

I support the right to sue for injury and damages. I support the right to get paid well and the attorneys to get paid handsomely. I do not support nonsense multibillion dollar class action suits designed to get consumers coupons and make lawyer’s billionaires. I do not support the sword of Damocles hanging over every business for every decision. Every ad, every label, every recall to protect their costumers should not be a potential pitfall. Peanuts should not have to carry labels which say warning contains nuts.

Let’s restore a culture of common sense by no longer winking at frivolity.

That is my opinion. I welcome yours.

Posted in Litigation, Tort Reform

3 Responses to “Lindsay Lohan Sues E-Trade”

  1. on 09 Mar 2010 at 19:301anon

    The larger issue of frivolous lawsuits is not laughing matter. They are estimated to cost the American business community $865 billion. That is like taking away 6% of our economy

    No opinion, just facts. You are using bad numbers again. It’s like an addiction with you.

    The legal system already has plenty of mechanisms for dealing with frivolous lawsuits.

  2. on 09 Mar 2010 at 21:312David Anderson

    I already gave you my links. You disagree and site other numbers. Fair enough, but you do not have to act as if I am giving inferior information. I see no reason your set of numbers is stronger than the other. The numbers that you site do not include all of the costs that businesses must pay. You do not deal with retooling, relabeling, legal compliance for everything, lost time waiting for legal to review every creative ad, design, or every little change in policy. You don’t deal with the compliance cost forced on them by insurance companies. You do not deal with all of the people in HR, compliance, or other departments who do not much more than deal with either regulations or legal compliance. You do not deal with many indirect costs.

  3. on 10 Mar 2010 at 12:583Evan Q

    Indirect costs David? Pfsh…why worry about that if you can worry about a smaller number of DIRECT costs that can be tied…that makes the case for the libs so much better…why let FACTS get in the way?

    When Lindsay can stay out of rehab for more than 8 seconds and stop publicly humiliating herself on her own..she can sue E-Trade for a (funny) commercial. Is Tiger Woods suing everyone for their comments and parody after parody that comes out about him? No…why? Because Tiger accepts responsibility and moves on. Lindsay is looking for money and cameras AGAIN which is why she is where she is now.

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