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Showing 1 to 1 of 1 for “"Class Action Fairness"”.
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Market Reaction to the Class Action Fairness Act of 2005
The Class Action Fairness Act of 2005 (CAFA) was signed into law on February 18, 2005. Prior to CAFA, plaintiffs found it easier for class action lawsuits to be tried in their preferred venue—state courts. Changes introduced by CAFA practically removed the majority of class action jurisdiction …