REBUTTAL: NJ Consumer Fraud Act Certainly Has Devolved

Law360, New York (January 6, 2015, 9:33 AM EST) -- In a recent opinion piece published by Law360, William J. Pinilis, a seasoned attorney with significant experience pursuing Consumer Fraud Act claims in New Jersey, makes a strong defense for the New Jersey Consumer Fraud Act. However, as a professor of law and economics that has studied consumer fraud statutes extensively, I disagree with many of his arguments. My white paper — The Expansion of the New Jersey Consumer Fraud Act: Causes and Consequences — which was written for a recent policy event where both Mr. Pinilis and I served as panelists, details the economic and societal impact that the CFA has on New Jersey's citizens....

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