Pa. Courts Can't 'Quadruple' Damages For Consumer Fraud
Law360 (August 22, 2019, 4:46 PM EDT) -- A Pennsylvania appeals court ruled in a published decision on Wednesday that the state’s consumer protection law did not allow judges to award treble damages on top of actual financial losses experienced in lawsuits brought under the statute.
A three-judge Superior Court panel sided with arguments from Ameriprise Financial Inc. in finding that an award of actual damages and treble damages constituted an improper award of quadruple damages that was not allowed under the state’s Unfair Trade Practices and Consumer Protection Law.
“The power to award treble damages is intended to punish wayward vendors,” the court said in an opinion penned...
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