Francis Mailman Soumilas, P.C.Announces Ninth Circuit Court of Appeals Upholds $40,000,000 Jury Verdict Against TransUnion For False Terrorist Alerts on Consumers' Credit
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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PHILADELPHIA (PRWEB) April 01, 2020 In Ramirez v. TransUnion, LLC, the appeals court upheld the jury's June 2017 award of roughly $8 million in statutory damages across the class, but reduced the jury's $52 million punitive damages across the class to about $32 million.The Ninth Circuit's decision comes eight years after Ramirez filed a class action lawsuit against TransUnion in February 2012. In that lawsuit and according to court documents, Ramirez alleged that he was unable to buy a car a year earlier because the TransUnion credit report the car dealer received incorrectly said that Ramirez's name matched two names of people on the U.S. Department of the Treasury's Office of Foreign Assets Control's ("OFAC") list of Specially Designated Nationals ("SDNs"). SDNs are people prohibited from transacting business in the United States for national security reasons. "Beyond Mr. Ramirez's case, the Ninth Circuit's decision will help large groups of consumers harmed by companies that viola
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