Michael Kors Pays $4.9M To End Outlet Price Class Action

Law360, Los Angeles (June 12, 2015, 7:33 PM EDT) -- Michael Kors LLC agreed to pay nearly $4.9 million to end a consumer class action alleging the company deceived shoppers by listing seemingly steep discount prices compared to "original" prices on items sold at outlet stores, according to a motion filed Friday in New York federal court.

Shoppers who bought items from Michael Kors outlet stores under the impression they were getting a great deal on products that otherwise would have cost much more can file a claim online in the "streamlined" claims process to get their share of the $4,875,000 settlement, and those who have receipts to prove how much...

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