Peter of Faruqi & Faruqi, LLP was appointed Interim Co-Lead Counsel in the consolidated consumer class
actions against Hudsons Bay, the parent company of Saks Fifth Avenue, Saks Off 5TH, and Lord & Taylor, regarding its recent data breach incident.
Under the terms of the consumer class
action settlement, Equifax has agreed to do the following: (1) pay $380.5M into a fund to pay benefits to consumers, court-approved fees and costs of class counsel and service awards to the named class representatives, and other expenses; (2) implement and maintain certain data security enhancements; (3) if necessary, pay up to $125M more to reimburse consumers for out-of-pocket losses resulting from the data breach; and (4) provide certain other relief.
The Menlo Park, California-based company also faces a consumer class
action over those practices and investigations in several states.
On November 8, 2018, the Ninth Circuit affirmed a jury verdict in a consumer class
action deceptive advertising case in favor of Defendants Boiron Inc.
The strong GDP growth, a double-digit average wage growth coupled with an increasing consumer class
looking to improve their quality of life has pushed the consumption of new consumer product categories.
The growth rate of the country's consumer class
is behind only China and India, and signals a wealth of new business and investment opportunities.
Extending the challenge of reaching such a consumer class
, ECLAC reports that 48.3 percent of those employed in Colombia work in the undocumented informal economy.
He said that India was a one-billion population, and half of the population is based on consumer class
; therefore, Pakistani traders should not ignore this scope.
He sees a potential wave of consumer class
action lawsuits over cannabis as well as increasing risks for doctors.
He filed a consumer class
action against Speedy, raising both contract and tort theories.
So consumer class
actions are pretty much dead in the financial industry, at least for now.
The Chicago consumer class
action lawyer did not respond to a request for comment prior to deadline.<br />Counsel for L.L.