HOW MUCH ASCERTAINABLE LOSS MAY A NEW JERSEY CONSUMER FRAUD ACT CLAIMANT RECOVER?
New Jersey Courts generally limit ascertainable loss awards to a sum reasonably required to make a New Jersey Consumer Fraud Act claimant whole. For example, a New Jersey Consumer Fraud Act claimant that purchased an automobile that was represented to be new with only 10 miles on its odometer but that actually was a demonstrator automobile with 9,800 miles, was entitled to the difference between the price plaintiff paid for the vehicle and the retail value of the vehicle with the excess mileage.