Today’s Top 3 Dow Stocks: Bank of America Corp (BAC), The Coca-Cola Company (KO)

The third top Dow stock today is Travelers Companies Inc (NYSE:TRV), up 0.45% after the U.S. Supreme Court ruled in favor of the company. The decision, while not deciding the case, rules that the case should be tried in a federal court and has long-term implications for lawyers trying class-action suits. Lawyers for the plaintiff argued that the case should be tried in a state court, but Travelers wanted the case tried in federal courts, which tend not to be overly friendly to plaintiffs, unlike certain state courts. In the long term, this is good for Travelers as it should lead to fairer class action lawsuits, which should lessen the amount of frivolous class action lawsuits going forward.

The article Today’s Top 3 Dow Stocks originally appeared on Fool.com and is written by Dan Dzombak.

Dan Dzombak can be found on Twitter @DanDzombak or on his Facebook page, DanDzombak. He owns shares of Bank of America. The Motley Fool recommends Coca-Cola. The Motley Fool owns shares of Bank of America.

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