On the recordMarch 13, 2002
This much-needed bipartisan legislation corrects a serious flaw in our Federal jurisdiction statutes. At present, those statutes forbid our Federal courts from hearing most interstate class actions, the lawsuits that involve more money and touch more Americans than virtually any other litigation pending in our legal system. Class actions of national importance should be heard in Federal court by a Federal judge, not by a State or county court judge in one region of the country. Why? Because the plaintiffs' attorneys choose from a very select number of courts around the country where the judges are known to be very favorable to class action lawsuits. Let me cite on example of a class action horror story. After being named in 23 class action lawsuits, Blockbuster agreed to provide class members with only $1-off coupons, buy-one-get-one-free coupons and free Blockbuster Favorites video rentals. Attorneys are reported to receive around $9.2 million in attorneys' fees. Cheerios, the gentleman from Wisconsin mentioned this recently, without any allegation of any harm to any of the plaintiffs in the case related to the ingredients of a box of Cheerios, the case was settled.
Source
govinfo.gov




