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Stock Market & Financial Investment News

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November 13, 2012
05:35 EDTPZZAPapa John's: Federal Court certifies nationwide class action for spam messages
On Nov. 9, U.S. District Court Judge John C. Coughenour certified a nationwide class action case against Papa John's International (PZZA) with potential damages over $250M. The lawsuit is brought on behalf of Papa John's customers across the U.S. who were sent unwanted text messages that advertised Papa John's pizza. The ruling paves the way for what could be one of the largest damages awards ever recovered under the federal Telephone Consumer Protection Act. The class action lawsuit contends that 500,000 illegal text messages were sent to Papa John's customers across the country. Papa John's customers could be awarded $500 or more in statutory damages for each text message.
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November 24, 2014
07:37 EDTPZZAPizza concepts seen as possible targets for DineEquity, Bloomberg says
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