S.1501 - Protecting Class Action Plaintiffs Act of 1995104th Congress (1995-1996)
|Sponsor:||Sen. Cohen, William S. [R-ME] (Introduced 12/22/1995)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 12/22/1995 Read twice and referred to the Committee on Judiciary. (All Actions)|
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Summary: S.1501 — 104th Congress (1995-1996)All Information (Except Text)
Introduced in Senate (12/22/1995)
Protecting Class Action Plaintiffs Act of 1995 - Amends the Federal judicial code to require the attorneys representing the class in a class action lawsuit, no later than ten days after a proposed settlement is filed, to serve the attorney general of each State in which a class member resides and the Department of Justice (DOJ) with specified information, including a copy of the complaint, notice of any scheduled judicial hearing in the class action, and any proposed or final class action settlement.
Specifies that: (1) a hearing to consider final approval of a proposed settlement may not be held earlier than 120 days after such notice is served; (2) a class member may refuse to comply with, and may choose not to be bound by, a settlement agreement or consent decree in such a lawsuit if the class member resides in a State whose attorney general has not been provided such notice; and (3) any court order certifying a class or approving a proposed settlement in a class action and any written opinions concerning such court orders and decrees shall be made available for publication in official court reporters and electronic legal databases.
Directs any court with jurisdiction over a class action in which the plaintiff is a class to require that: (1) any written notice provided to the class through the mail or publication in printed media contain a short summary written in plain, easily understood language describing the subject matter of the class action, the legal consequences of joining such action, and specified other information; and (2) any notice provided through television or radio to inform the class of its rights to be excluded from a class action or a proposed settlement indicate and explain in plain, easily understood language the individuals that may potentially become class members and that the failure of individuals to exercise their right to be excluded will result in the individual's inclusion in the class action.