U.S. High Court: Class Rep's Damages Limit Doesn't Defeat Federal Jurisdiction

WASHINGTON, D.C. - A class representative's stipulation that damages being sought were less than $5 million does not defeat federal jurisdiction under the Class Action Fairness Act (CAFA), a unanimous U.S. Supreme Court ruled March 19 (The Standard Fire Insurance Company v. Greg Knowles, et al., No. 11-1450, U.S. Sup.)....(read more)