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BREAKING NEWS ~ House approves curb on class action suits

[JURIST] The US House of Representatives [official website] has approved the Class Action Fairness Act of 2005 [bill summary], a bill intended to curb class action lawsuits by transfering most large, multi-state class actions to federal courts. The bill now goes to President Bush for expected signature. AP has more.

2:20 PM ET - House Judiciary Committee chairman James Sensenbrener gave this floor statement on the act earlier today [press release].

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