House subcommittee revisits class action lawsuit reform
WASHINGTON (Legal Newsline) - Some class action lawsuits are only benefitting unharmed parties, a Northwestern University professor said Friday during a House subcommittee hearing on 2005's Class Action Fairness Act.
The House Judiciary Committee's Subcommittee on the Constitution revisited the law in an effort to identify problems that still exist in class actions. CAFA was introduced by Sen. Chuck Grassley, R-Iowa, in January 2005 and became law less than a month later.
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