PHILADELPHIA (Legal Newsline) – A federal appeals court has ruled that Travelers Property Casualty Company of America did not establish the Class Action Fairness Act amount-in-controversy in a class action lawsuit against the company.
The district court erred in concluding that the CAFA numerosity requirement was not satisfied, but correctly concluded that Travelers did not establish the CAFA $5 million amount-in-controversy requirement, according to an opinion filed Dec. 12 in the U.S. District Court for the Third Circuit.
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