Steve Madden Ponies Up $10M To Quash Text Spam Suit

Law360, New York (August 2, 2012, 3:32 PM EDT) -- Consumers who slapped Steve Madden Ltd. with a proposed class action for sending spam text messages asked a California federal judge to approve a $10 million settlement on Wednesday, putting to bed allegations the shoemaker violated the Telephone Consumer Protection Act.

In addition to establishing the $10 million fund, Steve Madden also agreed to stop sending text message advertisements for four years unless cellphone owners have provided clear and conspicuous prior express consent, according to the plaintiff’s motion for preliminary approval of the deal.

“The proposed...
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