New Jersey S2561 establishes requirements for asserting a cause of action under the consumer fraud act and limits awarding of attorneys' fees.

New Jersey S2561 amends the consumer fraud act to establish certain requirements for asserting a personal cause of action. A person seeking to recover damages must demonstrate that they acted as a reasonable consumer, the alleged unlawful method or practice would mislead a reasonable consumer, and they suffered actual damages. The bill also limits the awarding of attorneys' fees, requiring them to bear a reasonable relationship to the monetary amount of the judgment. When the judgment grants equitable relief, attorneys' fees are based on the time reasonably expended.

New Jersey S2561 establishes requirements for asserting a cause of action under the consumer fraud act and limits awarding of attorneys' fees.

New Jersey S2561 amends the consumer fraud act to establish certain requirements for asserting a personal cause of action. A person seeking to recover damages must demonstrate that they acted as a reasonable consumer, the alleged unlawful method or practice would mislead a reasonable consumer, and they suffered actual damages. The bill also limits the awarding of attorneys' fees, requiring them to bear a reasonable relationship to the monetary amount of the judgment. When the judgment grants equitable relief, attorneys' fees are based on the time reasonably expended.