59.6 F
Fort Worth
Friday, September 25, 2020
- Advertisements -
Business JC Penney to make $50M available to settle lawsuit

JC Penney to make $50M available to settle lawsuit

Other News

Evel Knievel’s son suing Disney over ‘Toy Story 4’ character

By KEN RITTER Associated PressLAS VEGAS (AP) — Evel Knievel's son is on a collision course with the Walt Disney Co. and...

Fort Worth police make arrest in Walker cold case from 1974

One of Fort Worth’s most mysterious murders has apparently been solved. A man was arrested and charged in the...

Texas A&M Law professor recalls Ginsburg’s impact

Supreme Court Justice Ruth Bader Ginsburg, a towering women’s rights champion who became the court’s second female justice, died Friday at her home...

Supreme Court justices remember Ginsburg

'I loved her to pieces,' retired Justice Souter says of RBGWASHINGTON (AP) — The remaining eight Supreme Court justices, and two former...

NEW YORK (AP) — J.C. Penney said Wednesday that it will make $50 million available to settle a false advertising class-action lawsuit.

The lawsuit, which was filed in 2012, took issue with the price comparison advertising of private and exclusive branded products that Plano-based J.C. Penney used in California between November 2010 and January 2012. The lawsuit claimed the retailer’s practices didn’t comply with California law.

J.C. Penney denies the allegations and said it entered the settlement to end the uncertainties, burden and expense of further protracted litigation.

As part of the settlement, class members — which are California customers who bought certain J.C. Penney private or exclusive branded products — will have the option of a cash payment or store credit. The amount of the payment or credit will depend on the total amount purchased by each class member during the class period.

The settlement also involves J.C. Penney implementing or continuing with certain improvements to its price comparison advertising policies and practices, including periodic monitoring and training programs designed to ensure compliance with California’s advertising laws.

The settlement is subject to approval by the U.S. District Court for the Central District of California.

J.C. Penney Co. will report its third-quarter financial results on Friday.

- Advertisements -
- Advertisements -

Latest News

East Texas official arrested for alleged mail-in voter fraud involving 2018 Democratic primary for local seat

By Emma Platoff, The Texas Tribune Sept. 24, 2020 "East Texas official arrested for...

As part of revived federal death penalty, Christopher Vialva executed for Texas double murder

By Jolie McCullough, The Texas Tribune Sept. 24, 2020 "As part of revived federal...

Houston sampling wastewater to track spread of COVID-19By JUAN A. LOZANO Associated PressHOUSTON (AP) — Results from a program that's testing Houston's...

Justice Dept. expected to file antitrust action vs. Google

By MICHAEL BALSAMO and MARCY GORDON Associated PressWASHINGTON (AP) — The Justice Department is expected to bring an antitrust action against Google...

Texas Rangers foundation hosting voter registration, food drive on Friday

The Texas Rangers Baseball Foundation is hosting a Voter Registration and food drive event tomorrow, Friday, September 25. The...