In many circumstances, it may not make economic sense to bring lawsuits against companies who have defrauded consumers of modest amounts of money. However, a company who perpetrates a fraud against one consumer is more likely to defraud other consumers. In some cases, a company may have defrauded thousands of consumers. Consumer fraud and unfair business practices may include:
- Deceptive marketing
- False advertising
- Unfair or high-pressure sales tactics
- Bait and switch in attempts to deceive customers
- Conspiring to boycott through conversations with other businesses
- Conspiring to allocate or divide up markets, territories, or customers
- Predatory lending
- Conspiring to fix market prices by discussing prices with competitors
- Price discrimination using dominant industry power to secure favorable and unfair prices
- Monopolization
- Violations of do-not-call, do-not-fax, or email unsubscribe requests
- Other schemes
Redress in some situations may be obtained through filing a class action complaint against the perpetrator on behalf of the class of similarly-situated consumers. The company may have violated consumer protection statutes, or may have breached the covenant of good faith and fair dealing. If you have been a victim of consumer fraud and suspect that many other consumers may have also been defrauded, you may consider bringing the situation to the attention of the Katz Firm for an analysis of your claim and the company’s practices. Contact the Katz Firm for a free no-obligation case evaluation.