Windfall in 800 million class action eyed by consumer suit
California consumers could win up to 800 million dollars if the suit by Beverly Hills attorney Marshall Grossman prevails, challenging 18 percent service charges on revolving credit accounts used by major stores. He argues the rate violates the state constitution and seeks refunds and limits on future interest methods. Stores defend charges as service fees necessary to cover credit costs.
MENTIONED IN THIS ARTICLE
Doug Browning
Copley News Service
California
Beverly Hills
Marshall Grossman
Grossman
Queenet
J.C. Penney
Silver Yo Yo and Fancy Furs From Santa Letter
A New York reader writes a humorous Christmas wish list to Santa. She describes a sterling silver yo yo, a shaggy Icelandic sheep fur throw, and dreams of a mink coat, sable, and a diamond. She notes the impracticality and price of such luxuries, and suggests money as a ready solution.
MENTIONED IN THIS ARTICLE
Santa
Highways in Peril Amid Funding Shortfalls
State Senator refutes claims highway funds are unused and cites 25 years of growth in population and vehicle use. He notes ongoing additions to the plan and quotes Maynard Munger of the California Highway Commission, who warns revenue erosion delays approved projects. Only about half of the 20 year needs can be financed.
MENTIONED IN THIS ARTICLE
Quite Atten
Maynard Munger
California Highway Commission
Tremely
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