S 3123 · 106th Congress · Law

Consumer Rights in Federal Class Actions Act of 2000

Introduced 2000-09-27· Sponsored by Sen. Grams, Rod [R-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on the Judiciary.(2000-09-27)

Plain Language Summary

[AI summary unavailable — showing source text] Consumer Rights in Federal Class Actions Act of 2000 - Amends the Federal judicial code to require the complaint in a class action to include a disclosure of the recovery sought for class members and the anticipated attorney's fees. Excludes from such requirement class action claims concerning: (1) a covered security; (2) the internal affairs or governance of a business enterprise under State law; or (3) the rights, duties, and obligations relating to any security. Requires the counsel for a class, no later than ten days after a proposed class action settlement is filed, to notify all class members with specified information of the proposed settlement agreement, including a member's benefits, rights, and obligations thereunder.…

Summarized by Claude AI · Non-partisan · For informational purposes only