This is not really new news.
Herrmann (and co-authors) published “The Class Action Fairness Act: An Ill-Conceived Approach to Class Settlements” a couple of years ago in the Tulane Law Review and “Making Class Actions Work: The Untapped Potential of the Internet” more recently in the University of Pittsburgh Law Review.
The new news is that one of Herrmann’s co-authors has figured out how to upload documents to the Social Sciences Research Network, so there are now SSRN links for each of these articles. For the Tulane piece, please click here. And for Pittsburgh, click here.