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HOW MUCH ASCERTAINABLE LOSS MAY A NEW JERSEY CONSUMER FRAUD ACT CLAIMANT RECOVER?

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HOW MUCH ASCERTAINABLE LOSS MAY A NEW JERSEY CONSUMER FRAUD ACT CLAIMANT RECOVER?

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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.

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