A man in Alabama brought a subscription right before the magazine shut down and filed a class action suit against the magazine for a breach of contract and for violating New York State's deceptive practices statute.
“As the magazine was quietly closing up the shop, the Vibe website continued to contain links to advertisements enticing customers to purchase subscriptions to the magazine,” the lawsuit says, naming Vibe Media Group as a defendant along with unnamed people associated with the magazine. Vibe should have “publicly disclosed to subscribers that it was teetering on the brink of insolvency."
According to the suit, a one-year subscription cost between $9.95 and $14.95, and Vibe had more than 800,000 subscribers.
Class action suit... oh yet Vibe really bout to be bankrupt
Posts
No comments:
Post a Comment