Principals of a company can be held personally liable under New Jersey’s Consumer Fraud Act, with its treble damages provision, even without a showing of knowledge about the alleged unlawful practice, an Appellate Division panel ruled on Wednesday.
Overturning a lower court, the judges said the act, N.J.S.A. 56:8-1 to -184, is to be construed liberally, especially when defendants are accused of violating regulations that implement it.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]