RAC to pay $109 million

Thomas, Larry
May 2007
Furniture/Today;5/7/2007, Vol. 31 Issue 34, p1
Trade Publication
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.


Related Articles

  • landmark settlement in sex discrimination case against rent-a-center.  // Off Our Backs;Nov/Dec2002, Vol. 32 Issue 11/12, p7 

    Reports on the settlement of a sex discrimination class action suit against Rent-A-Center Inc., a national rent-to-own chain in the United States. Cases covered by the settlement; Terms of the settlement; Message that sex discrimination will not be tolerated will not be tolerated.

  • Class action reform compromise reached. Hofmann, Mark A. // Business Insurance;12/8/2003, Vol. 37 Issue 49, p1 

    Although details of the proposal are scant, a class action reform compromise reached on the eve of the U.S. Senate's Thanksgiving recess appears to be no failure, say reform proponents. The compromise could be the breakthrough that advocates of class action reform have been seeking since the...

  • Pay Now, Pay Later. Schiffrin, Anya; Ma, Maria; Ruff, Veronika // Mother Jones;May/Jun2005, Vol. 30 Issue 3, p18 

    Focuses on the class action lawsuits filed by consumers against Rent-A-Center. Allegations against the company; Findings of an investigation into the business practices of the company conducted by the New York City Department of Consumer Affairs in 2001; Purpose of the Consumer Rental-Purchase...

  • Class Action Reform: Will Perception Become Reality? Seiger, Mark B.; Healy, Christopher W. // Risk Management (00355593);Feb2006, Vol. 53 Issue 2, p16 

    The article deals with the Class Action Fairness Act of 2005 enacted in the U.S. and its implications for businesses. This law is being hailed by many as a significant stride forward in controlling the perceived abuses in class action litigation and a major first step in the much-needed area of...

  • Attorneys Brawl Over Spoils of Overdraft Settlements Again.  // American Banker;1/22/2013, Vol. 178 Issue 11, p25 

    The article discusses a dispute over fees among attorneys representing plaintiffs in a class action related to overdraft charges. A settlement reached with banks amounted to over $1 billion. One of the attorneys, Richard McCune, has threatened to file a suit that would make public details of the...

  • Attorney's Fees in Class Actions Governed by Fee-Shifting Statutes. Pacold, Martha // University of Chicago Law Review;Summer2001, Vol. 68 Issue 3, p1007 

    Proposes that the rules for setting fees in hybrid cases should better align the incentives of plaintiffs' attorneys with those of their clients. Exceptions to the United States rule for paying attorneys that combine in hybrid class actions; Methods of fee calculation; Solution to the...

  • Goodrich v. E.F. Hutton Group, Inc. no. 8279.  // Delaware Journal of Corporate Law;1996, Vol. 21 Issue 2, p668 

    Presents the case `Goodrich v. E.F. Hutton Group, Inc.,' No. 8279, about the restriction of an award of counsel fees in a common-fund or class action settlement, filed at the Court of Chancery of Delaware. Authorship by competitors from the Brooklyn Law School; `Intellisoft, Inc. v. Microgate...

  • This Settlement Gnaws at Business Leaders. Daks, Martin C. // njbiz;5/7/2007, Vol. 20 Issue 19, p3 

    The article focuses on the settlement of cases with its New Jersey customers by Rent-A-Center Inc., a chain of rent-to-own stores in Plano, Texas. A background on a putative class-action lawsuit filed by Hilda Perez, a resident of Camden County, against the chain is presented. It states that...

  • Another patients' Rx pricing lawsuit settled.  // Drug Topics;3/1/99, Vol. 143 Issue 5, p9 

    Reports that California health clinics and hospitals are getting $148 million worth of prescription medicine for poor and indigent patients as part of the settlement of a consumer class action lawsuit with 17 brand-name firms in the state. Firms' pledge to pay up to $29 million for attorneys'...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics