California Consumers Get Early Nod for $14 Million Fee Deal

A group of consumers got early approval to proceed with a $14 million proposed settlement resolving class action claims that a California rent-to-own business unlawfully charged for partaking in its furniture and appliance contracts.

The agreement was granted preliminary approval on Oct. 31 by Judge James Donato, of the US District Court for the Northern District of California. The class—certified in June—claimed RAC Acceptance East LLC violated California’s Karnette Rental-Purchase Act, Consumer Legal Remedies Act, and Unfair Competition Law by charging a $45 processing fee when customers entered a rental purchase agreement.

• The $14 million ...