Attorneys General Sue Friedman’s Over Insurance Policies

Beleaguered Friedman's Jewelers has yet more legal troubles—this time, from three state attorneys general who are suing the firm for misleading credit practices. Attorneys general from Tennessee, Texas, and Florida all allege that the Savannah, Ga.-based company misled consumers with its credit policies, forcing consumers into insurance contracts without their consent. A news release from Florida's Attorney General Charlie Crist said some 19 states are expected to join the litigation. The company is charged with regularly "duping" customers into paying for life, property, and other insurance when they thought they were insuring their financing of jewelry purchases. They also allege that the chain processed insurance for consumers without their signature or consent. Some consumers who asked about the additional charges said that Friedman's representatives told them the insurance w
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