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Litigation

: How Appealing

"Costco, Kinko's Battle Trial Lawyers Over Credit-Card Receipts"

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"Costco, Kinko's Battle Trial Lawyers Over Credit-Card Receipts": Cynthia Cotts of Bloomberg News has a report that begins, "Costco Wholesale Corp., FedEx Corp.'s Kinko's unit and scores of other retail companies are under siege by lawyers pursuing them for billions of dollars in damages through a new federal identity-theft law. Lawyers are filing suits that put retailers at such financial risk, to the point of threatening bankruptcy, that some judges are refusing to certify them as class actions."

According to the article, one such case is now pending on appeal before the U.S. Court of Appeals for the Ninth Circuit.

Full post as published by How Appealing on April 07, 2008 (boomark / email).

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