Blockbuster Wins Suit Over Late Fees
- Share via
Blockbuster Inc. said a California judge ruled in the video chain’s favor in a lawsuit over late fees.
An Alameda County Superior Court judge found that Blockbuster’s late fees were not a penalty and it’s up to consumers whether to keep rented videos beyond the initial rental period, Dallas-based Blockbuster said.
The ruling by Judge Ronald M. Sabraw came in a lawsuit filed by Sharon Pickens, who objected to Blockbuster’s late-fee policy.
Blockbuster has been hit by many class-action lawsuits accusing it of making unfair profit with late fees, which accounted for 16% of the company’s revenue in 2000.
Blockbuster shares rose 43 cents to close at $15.80 on the NYSE.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
