The lawyers will be looking to find an "agreeable solution," with the companies and the compensation money will be awarded to charities helping the least successful members of society.
"We are talking about trillions not billions, if you look at the magnitude of the profits. Corporations have been unjustly enriched by this," he said.
Mr Ogletree declined to name specific companies, but agreed that insurance companies and commodity companies are among those likely to be targeted.
Interesting because only one company that was on the Dow Jones from 1900 is in it today, and that company is General Electric. If there all these companies that benefited so greatly from slave labor how come they are gone today, or are small in size compared to today's corporate heavy weights?