What is the class action fairness act?
The Class Action Fairness Act (CAFA) is a federal law passed in 2005 that gave federal courts jurisdiction over certain class action lawsuits. CAFA makes it easier for citizens to bring class action lawsuits by allowing them to be filed in federal court. This law was designed to protect citizens from unfair outcomes in cases where they may not be able to afford to bring a case individually. By allowing class action suits to be heard in federal courts, CAFA helps citizens have access to a fair and impartial justice system. CAFA applies to both state and federal class action suits, but it only applies when the plaintiffs are seeking damages of more than $5 million. In addition, the judges in these cases must be located in the same state as the defendants. This helps ensure a fair trial for all parties involved in the lawsuit. CAFA has brought more transparency to the legal system by making it easier for citizens to have access to the courts. By giving plaintiffs the ability to join together and bring a lawsuit in federal court, CAFA has helped level the playing field and given citizens a better chance of achieving a fair outcome. Overall, the Class Action Fairness Act in New York has helped make the judicial process more open and accessible for citizens. This law has given citizens the power to bring class action lawsuits in federal court, helping ensure that the plaintiffs are heard and given a chance to receive a fair outcome.
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