S.D.N.Y. · No. 1:26-cv-07328
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| Matter | Type | Practice area | Court | Date | Value |
|---|---|---|---|---|---|
| Gold Bond Co LLCsource ↗ filed by Faruqi & Faruqi, LLP (NYC) · No. 1:26-cv-07328 · 28:1332fr Diversity-Fraud · view case timeline → Comparable settlements $90M–$586M ▾False advertising claims show split outcomes: Cetorelli affirmed treble damages under CSPA for deceptive practices, while Guthrie affirmed denial of class cert for UCL fraud claims requiring individualized inquiry. Citizens of Humanity shows 'Made in USA' labeling suits can fail on probable-cause/merits grounds. Comparable settlements $90M–$586M median $117.50M · n=10 Western Union $586M · Toyota Industries $436M · Credit Glory $200M Comparable verdict: Papaya $420M · VPX, Inc. $293M Key precedent: Guthrie v. Transamerica — courts scrutinize false-advertising class claims for individualized reliance issues, a common defense for consumer product labeling suits. Main risk: Class certification denial due to individualized proof of reliance/exposure to advertising, as in Guthrie Rough EV model (wide — class size is the big unknown, not a prediction): $125K–$40M No direct comparables on Gold Bond or closely analogous false-advertising personal-care cases; class size and per-member figures are rough estimates from indirect signals. · grounded in 10 rulings, 10 settlements, 9 verdicts | Filing | False Advertising | S.D.N.Y. | 2026-08-27 | $90M–$586M comparable settlements |