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Judiciary Panel Eyes Rules For Class Cert., Litigation Funding

A brown gavel on a desk with wood blocks that read 'Compliance' and 'Regulations' (iStock.com/ Cn0ra)

By Jeff Overley

Federal judiciary advisers set the stage Friday for new and far-reaching rules involving two sets of highly contentious topics: long-simmering demands for greater transparency in third-party litigation funding and calls for closer scrutiny of class action issues, including payouts to class counsel, certification standards and financial perks for plaintiffs.


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