Justice Barrett’s Seventh Circuit Decision On Standing Signals Trouble For Consumers

LexisNexis ( March 15, 2021, 11:28 AM EDT) -- Newly minted Supreme Court Justice Amy Coney Barrett authored a significant decision while serving as an appellate judge on the Seventh Circuit. The decision is directly relevant to the financial services industry and consumers. The holding of the case allowed federal standing requirements to close the gateway to federal jurisdiction in a class action lawsuit brought under a consumer protection statute....