Plaintiffs Attys Say Sky's Not Falling After CAFA Ruling

Law360, New York (March 25, 2013, 7:01 PM EDT) -- Plaintiffs' attorneys see no reason to weep over the U.S. Supreme Court's recent ruling that individuals who bring class actions can't cap damages to dodge federal jurisdiction, telling Law360 that the decision trumpeted by the defense bar over the past week isn't actually a game changer.

Some experts have painted Standard Fire Insurance Co.'s win at the high court as a major victory for defendants fighting across the U.S. to keep big-dollar class actions out of hostile state courts. But most of those high-stakes legal battles...
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