U.S. Rep. Darrell Issa (CA-49)
Recent News About U.S. Rep. Darrell Issa (CA-49)
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Congressman Issa introduces legislation targeting abuses in third-party litigation funding
On October 7, Rep. Darrell Issa (CA-48) and Rep. Scott Fitzgerald (WI-5) introduced the Litigation Transparency Act of 2024, a bill aimed at reforming third-party litigation funding (TPLF) by mandating the disclosure of financial backers in civil lawsuits. This legislation directly addresses the growing concern that undisclosed financiers, including hedge funds and foreign entities, are driving lawsuits that place higher burdens on small businesses and large industries alike.