Court Says No To Treble Damages In Class Actions
The case before the state court of appeals centered on whether New York’s General Business Law, known as the Donnelly Act, allows class actions to seek threefold damages, or if such damages are barred by the CPLR 901 (b) law.
CPLR 901 (b) bars classes in class action suits from collecting penalties, unless a previous statute authorizes the group to do so. The...
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