TITLE

RAC to pay $109 million

AUTHOR(S)
Thomas, Larry
PUB. DATE
May 2007
SOURCE
Furniture/Today;5/7/2007, Vol. 31 Issue 34, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Rent-A-Center Inc. has claimed that it has met a tentative out-of-court settlement of a long-running class-action suit in New Jersey. According to the author, under terms of the tentative agreement, the company will pay approximately $85.8 million in cash to New Jersey customers and spend another $23.5 million for the costs of dealing the settlement and attorney's fees for the plaintiff.
ACCESSION #
25020327

 

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