Illuminating Calif.'s 'Shine The Light' Law

Law360, New York (January 10, 2012, 8:02 PM EST) -- Companies doing business in California face a new threat in the coming year. Plaintiffs’ lawyers have started filing class actions seeking millions in statutory damages and attorneys’ fees under California’s “Shine the Light” Law. This statute, set forth in California Civil Code § 1798.83, is a little known, seldom-litigated provision that could have devastating consequences for businesses that fail to comply.

Although the law has been around for six years, recent audits show uneven compliance, which may be the reason many class action lawyers are starting...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.