$18M Equifax Verdict Will Send Consumers Rushing To Court

Law360, New York (August 5, 2013, 4:17 PM EDT) -- An Oregon federal jury recently handed down the largest award ever given to an individual consumer under the Fair Credit Reporting Act in a suit against Equifax Information Services LLC, a frightening verdict for companies that trade on consumer data, which are now likely to face a flood of similar suits, attorneys say.

The lofty award — consisting of $180,000 in actual damages and $18.4 million in punitive damages — came after the jury unanimously found on July 26 that Equifax had acted negligently and willfully violated...
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