S 3123 · 106th Congress · Law
Consumer Rights in Federal Class Actions Act of 2000
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on the Judiciary.(2000-09-27)
Plain Language Summary
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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