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TJX Judge: Letting Consumers Sell Vouchers On EBay “Won’t Cut It”

Written by Evan Schuman
October 4th, 2007

When U.S. District Court Judge William G. Young last week told lawyers that he had some serious concerns about the proposed TJX settlemenT, he also took issue with part of the initial proposed settlement that would allow for consumers to turn the vouchers into cash by selling them.

In a courtroom exchange with TJX attorney Harvey J. Wolkoff, Wolkoff tried to argue to the judge that EBay is an easy way for a consumer to turn the vouchers into cash.

Replied Young: “Too hard for me, Mr. Wolkoff. Too hard for me. These are consumers. People know how to cash checks. Saying ‘Go to eBay and negotiate it’ won’t cut it.” Read more.

Posted in IT Strategy/Industry, Payment Systems, Security/Fraud
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