Third Circuit Lowers Standard for Plaintiffs in Price Fixing Antitrust Litigation

In re Flat Glass Anti-Trust Litigation – Third Circuit Court of Appeals reversed the decision of the lower court granting summary judgment in favor of a defendant in an anti-trust class action where the plaintiffs alleged that five of the primary manufacturers of glass in the United States conspired to fix prices from 1991 to 1995 for glass made for use in residential and commercial construction as well as for automobiles.

Contractors’ Registration Act

In May 2004 Governor James E. McGreevey signed the Contractors’ Registration Act setting forth, for the first time in New Jersey, registration requirements for those engaged in the business of selling or making home improvements. The law required home improvement contractors to register with the Division of Consumer Affairs by November 9, 2004.

New Jersey Consumer Fraud Act

Furst v. Einstein Moonjy, Inc. – The New Jersey Supreme Court in Furst v. Einstein Moonjy, Inc. found that the specific facts of the case were a violation of the Consumer Fraud Act and held that the consumer is entitled to three times the “replacement cost,” plus attorneys’ fees and costs.

New Jersey Creates Position of Inspector General

Kevin Hart, Chair of Stark & Stark’s Corporate Investigation and White Collar Group, was interviewed by WNBC News New York regarding Acting New Jersey Governor Richard Codey’s executive order creating the position of Inspector General for the State. The new Inspector General’s mission will be to “ferret out fraud and wasteful spending at all levels of government”.

Consumer Fraud Act

New Jersey has one of the most liberal consumer protection statutes in the nation, the New Jersey Consumer Fraud Act. Notwithstanding the same, on Thursday, November 18, 2004, the Appellate Division found that a consumer may only be awarded attorney fees if he can demonstrate an “ascertainable loss” caused by the violation of the Consumer Fraud Act.

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