$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 the FCRA by failing to respond adequately to at least eight requests from plaintiff Julie...

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