Credit: mojo_cp/Adobe Stock In Retail Markup Case, NJ Supreme Court May Soon Provide Clarity on 'Ascertainable Loss' Under the CFA
"The case also presents an interesting angle on injunctive relief available under the Consumer Fraud Act," said Mark Oberstaedt, assistant chair of the business litigation group at Archer & Greiner in Voorhees. "It is not entirely clear how a trial court could fashion an appropriate injunction in a case like this and it will be interesting to see whether the Supreme Court takes on that issue."
June 22, 2023 at 01:37 PM
4 minute read
Retail
The New Jersey Supreme Court has granted certification to SPARC Group, the owner of such brands as Aeropostale, Brooks Brothers, Eddie Bauer and Forever 21, after the Appellate Division sided with plaintiff consumers in their claim over false advertising of clothing prices.
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