Bill

Bill > A3427


NJ A3427

NJ A3427
Revises individual cause of action under consumer fraud act.


summary

Introduced
02/25/2020
In Committee
02/25/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill makes various revisions to the New Jersey consumer fraud act. Under current law, when a violation of the consumer fraud act is found to have occurred, the court is required to award threefold the damages sustained by any person in interest and attorneys' fees. This bill gives the court discretion in awarding damages, which would not be permitted to exceed threefold the actual damages sustained by the consumer. The bill provides that purely technical violations of the act do not allow for an award of attorneys' fees, filing fees and costs. The bill also provides that the plaintiff, in order to succeed in a consumer fraud action, must have been aware of, and relied to his detriment on, the use or employment of the unlawful method, act or practice. The bill also requires that a consumer serve a written demand on the seller for the seller to make the consumer whole, before filing suit. In addition, the bill provides that the consumer fraud act applies only to New Jersey residents or transactions that take place within the State. The bill also provides that the consumer fraud act would not apply to actions or transactions otherwise permitted or regulated by the Federal Trade Commission or any other regulatory body or officer acting under statutory authority of this State or the United States.

AI Summary

This bill makes several revisions to the New Jersey Consumer Fraud Act. It gives the court discretion in awarding damages, which would not be permitted to exceed threefold the actual damages sustained by the consumer. The bill also provides that the plaintiff must have been aware of and relied on the unlawful practice to their detriment in order to succeed in a consumer fraud action. Additionally, the bill requires the consumer to serve a written demand on the seller to make them whole before filing suit. It also exempts purely technical violations from allowing for an award of attorneys' fees, filing fees, and costs. The bill also limits the applicability of the Consumer Fraud Act to only New Jersey residents or transactions that take place within the state, and excludes actions or transactions regulated by the Federal Trade Commission or other regulatory bodies.

Committee Categories

Justice

Sponsors (3)

Last Action

Introduced, Referred to Assembly Judiciary Committee (on 02/25/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...