NY S06334

Removes the prohibition on class actions involving statutory penalties or minimum measures of recovery, allowing such actions to proceed if other class action prerequisites are met.

Eliminates the 60-day deadline for plaintiffs to move for class certification and instead requires courts to determine certification "at an early practicable time" after a class representative sues or is sued.

Establishes a formal process for appointing class counsel, requiring courts to consider the applicant's work on the case, experience with class actions, legal knowledge, and resources committed to representation.

Requires class certification orders to include appointment of class counsel unless a statute provides otherwise, and mandates court approval before any voluntary dismissal, discontinuance, compromise, or settlement that would bind class members.

Prohibits payments to class members who object to settlements without court approval and requires disclosure of any agreements made in connection with proposed settlements.