Hertz Damage Waiver Fraud Deal Could Net $100M For Class

Law360, New York (March 7, 2013, 6:22 PM EST) -- Hertz Equipment Rental Corp. agreed Wednesday to settle a class action in New Jersey accusing the company of tacking on illegal damage waiver fees to rental agreements in a deal plaintiffs attorneys are estimating could yield more than $100 million for class members.

Rental customers are asking a New Jersey federal judge to preliminarily approve the settlement, which resolves claims that Hertz violated consumer fraud laws by failing to disclose that an automatic waiver charge covering damage occurring during the rental period applied only in the...
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