Silly Celebrity Lawsuits

Source: EconLog
by Walter Block

“What do Madonna, Tom Brady, David Ortiz, Jimmy Fallon, Gwyneth Paltrow and Kim Kardashian have in common? Yes, they are all famous, but that’s not it. Rather, it is the fact that they have all been the subject of lawsuits against them for their endorsement of crypto currency. It would appear that the plaintiffs lost money in their investments, and they blame these celebrities for misinforming them. If justice were to prevail, those wasting the courts’ time in this manner should be severely penalized for bringing frivolous lawsuits; at the very least, they ought to be compelled to pay the legal costs of these high profile defendants.” (03/05/23)