The court rejected the defendants’ argument that they might never be held accountable for punitive damages since they had acted in good-faith if not acknowledging the AG’s letters

The court rejected the defendants’ argument that they might never be held accountable for punitive damages since they had acted in good-faith if not acknowledging the AG’s letters

A Minnesota district that is federal recently ruled that lead generators for a payday lender might be responsible for punitive damages in a course action filed on behalf of all of the Minnesota residents whom used the lender’s web site to obtain a quick payday loan during a specified time frame. a essential takeaway from your choice is the fact that an organization finding a page from the regulator or state attorney general that asserts the company’s conduct violates or may break state legislation should talk to outside counsel regarding the applicability of these legislation and whether an answer is necessary or will be useful. Continue reading “The court rejected the defendants’ argument that they might never be held accountable for punitive damages since they had acted in good-faith if not acknowledging the AG’s letters”