Article
New Jersey Consumer Fraud Act: Principals Can Be Held Personally Liable for Company's Regulatory Violations
On June 23, 2010, the New Jersey Appellate Division reiterated the long-established concept that principals of a company who personally participate in the violation of a regulation can be held individually liable for the regulatory violations of their company under the New Jersey Consumer Fraud Act (the "Consumer Fraud Act") even without a showing of knowledge about the alleged unlawful practice.
Day Pitney LLP







