Wednesday, January 15, 2014

State AG Suits Not Governed By Class-Action Curbs, Supreme Court Says

The U.S. Supreme Court on Tuesday refused to subject certain civil lawsuits by state attorneys general to a federal law aimed at curbing class actions, a setback for business groups.

The court, in a unanimous 14-page ruling, had little trouble in concluding that state AG lawsuits seeking damages for alleged corporate wrongdoing are not constrained by the federal Class Action Fairness Act.

Source: http://blogs.wsj.com/law/2014/01/14/state-ag-suits-not-governed-by-class-action-curbs-supreme-court-says/?mod=WSJBlog

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