The Record staff writer Harvy Lipman authored this article today discussing the New Jersey Attorney General’s warning to consumers about a scam involving a fake class action notice. The official-looking notice directs recipients to send personal information in order to obtain settlement benefits in a fictitious securities case brought by a fictitious government official.
I have to wonder whether the emergence of fake class action notice scams will provide fodder for class action settlement objectors who argue about the effectiveness of a real class action settlement notice program. This is all the more reason to do something that I preach about regularly on CAB: always consider retaining a qualified notice expert as part of a class action settlement.
[…] The real class action scam: New Jersey AG warns of fake class action settlement notices seeking residents’ personal information (Class Action Blawg) […]