Barney's Sued Over Credit Card Disclosures

Law360, Chicago (October 11, 2013, 1:26 PM EDT) -- Barney’s Inc. has been hit with a proposed class action in New York federal court alleging the luxury retailer violated the Truth in Lending Act through a number of incomplete disclosures on its store credit card statements.

Plaintiff Jerry Litwin claims in the suit filed Oct. 7 that the billing statement he received for his Barney’s credit card in October 2012 doesn’t comport with “Regulation Z” — a set of regulations laid out by the Federal Reserve Board to implement the TILA.

Barney’s “failed to furnish...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Litwin v. Barney's, Inc.


Case Number

1:13-cv-07143

Court

New York Southern

Nature of Suit

Consumer Credit

Judge

John G. Koeltl

Date Filed

October 7, 2013

Government Agencies

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.