Ross To Settle $4.9M Lawsuit Over ‘Deceptive’ Price Tags
Ross Stores customers suing the off-price retailer for what they said were “deceptive” and “misleading” pricing practices in a class action lawsuit have asked the United States District Court for the Central District of California in Los Angeles to approve a $4.9 million settlement, which the retailer has agreed to, according to court documents. The figure aligns with the customers’ original request in a lawsuit filed in 2015. It represents “merchandise credit with cash redemption option, administrative costs, attorneys’ fees and expenses, and incentive awards,” documents show. The plaintiffs had alleged unfair and fraudulent business practices, false advertising and violation of California consumer legal remedies, according to the original lawsuit. Their main concern was “labeling the products [Ross] sells in its California stores with false and/or misleading comparative prices which purport to be charged by other merchants for the same products.” Read more at Retail Dive.