The U.S. Supreme Court considered putting new limits on class action lawsuits as it weighed a $40 million award to thousands of consumers who were categorized as potential terrorists by the credit reporting firm
Hearing arguments by phone Tuesday, the justices questioned whether lower courts should have let the case go forward on behalf of 8,185 people, most of whom TransUnion says didn’t even know they were at risk of being identified to a creditor as a possible terrorist.
Business groups have been looking to the case as a way of scaling back expensive lawsuits, particularly those under ...