CAFA Threshold Assumptions Must Be 'Reasonable': 9th Circ.

By Michael Lipkin (January 8, 2015, 6:02 PM EST) -- The Ninth Circuit on Thursday gave a Cox Enterprises Inc. subsidiary another chance to establish the Class Action Fairness Act's $5 million minimum for removing a putative employment class action to federal court, ruling defendants needed reasonable grounds for assumptions used in their potential damages calculations....

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