2005-02-19

Class Actions

Class actions aren't just for personal injury cases. There are plenty of IP related and securities class actions that may also be implicated by this bill.
Under the legislation Bush signed, class-action suits seeking $5 million or more would be heard in state court only if the primary defendant and more than one-third of the plaintiffs are from the same state. But if fewer than one-third of the plaintiffs are from the same state as the primary defendant, and more than $5 million is at stake, the case would go to federal court.
Read the text of the bill passed by Congress and signed into law by President Bush placing new limits on class action lawsuits. [HTML] [PDF]

Related Cases: iPod Battery Class Action suit against Apple | Hard Drive Class Action

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