A Harris Jewelry lawsuit alleging illegal business practices may offer relief to service members who were deceived into financial contracts for overpriced merchandise. The New York Attorney General claims Harris Jewelry falsified information, intentionally targeted service members, and failed to disclose their affiliation with Consumer Adjustment Corporation. Affected customers may be able to file a lawsuit and recover compensation for signing finance agreements with excessive interest rates by contacting an illegal business practice attorney.
For more information, contact Attorney Group. We offer free, confidential, no obligation consultations. We can help answer your questions, and if you choose to pursue a case, we can connect you with an affiliated illegal business practice attorney who can assist you throughout the legal process.
What is Harris Jewelry?
Harris Jewelry is a company that targeted service members through a supposedly charitable program called “Operation Teddy Bear.” They offered high-interest credit to service members to pay for items marked up 600 to 1000 percent. Harris Jewelry’s business practices are under investigation in multiple states.
How Does Harris Jewelry Work?
Harris Jewelry’s business practice was to target service members wishing to build responsible credit and offer them illegal, in-house, and high-interest financing agreements. After a service member agreed, Harris Jewelry supposedly attempted to max out their credit limit through overpriced items while advertising fair terms.
Harris Jewelry Illegal Business Practices
Harris Jewelry’s in-house “credit repair” program is under investigation for targeting service members with high-interest offers to pay for jewelry which was priced 1000 percent above wholesale in some cases. Harris Jewelry may have advertised fair terms and quality items, but the New York Attorney General has filed suit against them for possibly inflated profit-taking.
Harris Jewelry Lawsuit Claims
The Harris Jewelry lawsuit claims that Harris Jewelry marks up items to an “excess purchase price” while disguising interest with warranties, protection plans, fees, and other charges. The lawsuit also calls Harris Jewelry’s relationship with Consumer Adjustment Corporation into question since the affiliate finances 90 percent of its sales.
The New York Attorney General claims that programs like the “Harris Program” and “Operation Teddy Bear” intentionally deceived service members, constituting common law fraud and violating New York Executive Law respectively.
How a Harris Jewelry Attorney Can Help
When illegal business practices result in injury, an injured party suffers loss in various ways. The law allows an injured party to pursue damages to recover those losses. Common types of damages recoverable in a personal injury case include:
- Pain and suffering
- Lost earnings
- Punitive damages
If the actions causing injury are malicious or so reckless that intent to harm can be inferred, the responsible party can be liable for punitive damages to punish wrongful conduct and deter similar conduct in the future.
Victims of illegal business practices and their families are encouraged to seek the counsel of a Harris Jewelry attorney to learn more about their rights and remedies.
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