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February 16, 2017

House Bill Would Make Life Much, Much Harder for Class-Action Lawyers

Dan Fisher, senior editor at Forbes, writes on the Fairness in Class Action Litigation Act of 2017 (FICALA) which passed the House Judiciary Committee last night. The bill will eliminate “most of the tactics plaintiff lawyers use to extract large fees for themselves while delivering little or nothing to their clients.”

“Nothing in [FICALA] would prevent a group of plaintiffs who suffered the same damages to hire a single lawyer and ask the court to join their cases together for efficiency” writes Fisher.

“What [FICALA] would do is discourage lawyer-driven litigation, where plaintiff attorneys target a company with a class-action suit knowing full well the bulk of their clients will never learn of the lawsuit or seek to claim their piece of the settlement.” 

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