Consumer Law

Misidentification of consumer results in $150,000 judgment.

By Richard Alderman

by Richard Alderman

In an interesting case, the Third Circuit has upheld a $150,000 verdict against Trans Union for misidentifying a consumer as being included on an ?OFAC (Office of Foreign Assets Control) Advisory? compiled by the Treasury Department. Trans Union argued that the advisory was not part of the consumer?s file, it was not subject to the Fair Credit Reporting Act, and that it did not violate the Act. In a 91-page opinion, the court affirmed the judgment, including $50,000 in compensatory damages and $100,000 in punitive damages, against Trans Union.

Full post as published by CL&P Blog on August 17, 2010 (boomark / email).