In addition to greatly extending federal jurisdiction over class actions, the Class Action Fairness Act requires defendants to notify state attorneys general and federal regulators of proposed settlement agreements. The purpose of the notification is to prevent attorneys from crafting abusive settlements favoring lawyers over consumers. But few attorneys general have taken up the cudgel. One exception is Florida Attorney General Charlie Crist.
State AGs Eschew Class Action Fairness Act Review
The National Law Journal
October 31, 2006