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Class Action Lawyers React To Supreme Court's CAFA Ruling

Law360, New York ( March 19, 2013, 9:25 PM EDT) -- The U. S. Supreme Court on Tuesday ruled in Standard Fire Ins. Co.   v. Knowles that plaintiffs bringing class actions cannot avoid federal jurisdiction by vowing to seek less than $5 million in damages — a threshold set by the Class Action Fairness Act. Here, class action attorneys tell Law360 why the unanimous decision is important. . . .

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