9th Circ. Revives Potential $290M Class Action V. AMC

Law360, New York (September 28, 2010, 2:09 PM EDT) -- A federal appeals court has revived a Fair and Accurate Credit Transactions Act class action against American Multi-Cinema Inc., saying the possibility that the cinema chain could pay a huge amount in statutory damages — up to $290 million — is not enough to justify denying class certification.

The potential for AMC to bear “enormous” costs and potentially pay damages out of proportion with the harm it perpetuated is not enough to bar class certification under FACTA, a three-judge panel of the U.S. Court of Appeals...
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