Class Action Fairness Act of 2005
Sponsor: Charles Grassley (R-IA)
Class Action Fairness Act of 2005 - (Sec. 3) Amends the Federal judicial code to specify the calculation of contingent and other attorney's fees in proposed class action settlements that provide for the award of coupons to class members. Prohibits a Federal district court from approving: (1) a proposed coupon settlement absent a finding that the settlement is fair, reasonable, and adequate; (2) a proposed settlement involving payments to class counsel that would result in a net monetary loss to class members, absent a finding that the loss is substantially outweighed by nonmonetary benefits; or (3) a proposed settlement that provides greater sums to some class members solely because they are closer geographically to the court. Specifies requirements for serving notices of proposed settlements on appropriate State and Federal officials.
Law Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 2.4% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 72 | 66.4% |
| Nay | Lost | 26 | 31.2% |
| Not represented on this question | No position taken | 0 | 2.4% |