Did you receive a notice about Gift card? Did you receive a mail about a class action settlement about Gift card expired in violation of state, federal laws? This review will help you partake in the class action settlement after confirming the authenticity of the mail.
What Is Gift card expiration in violation of state, federal laws Class Action Settlement?
Under federal law, gift cards can only expire after five years. In some states, this expiration period is even longer. Unfortunately, despite these laws, some businesses may unlawfully expire gift cards before the legally allowed period is over.
What Is This Class Action All About?
As a result, consumers may be unable to use the gift cards they purchased or received, causing financial damages. Consumers who still have these expired gift cards may be able to take legal action and recover the value of their expired funds.
Consumers whose gift cards expire unexpectedly in violation of federal and state laws may be able to take legal action. Some consumers have already taken legal action for expired gift cards, aiming to recover their unlawfully expired funds and other damages.
In 2019, consumers took legal action against REI arguing that the retailer expired gift cards before the five-year period allowed under federal law. Instead of allowing gift cards to remain active for five years, REI allegedly expired gift cards after two years. Consumers in the expired gift card class action lawsuit claim that they were financially injured by REI’s gift card expiration scheme.
In 2021, gift card recipients filed a similar class action lawsuit against AT&T, claiming that the mobile retailer sent new customers gift cards which expired after 150 days. In some cases, AT&T allegedly sent these gift cards shortly before the expiration date, denying customers the ability to use their funds.
Both these expired gift card class action lawsuits sought compensation for illegally expired gift cards for the plaintiffs and thousands of other consumers in similar situations.
Who Is Eligible?
This settlement benefits all individuals who purchase or receive a gift card that expired unexpectedly and still have the expired gift cards.
How To Be Part of This Settlement
Class members must submit a valid and timely claim on the settlement website in order in this class action settlement.
Attorneys are interested in representing gift card purchasers and recipients whose gift cards illegally expired before the time allowed by state and federal laws. To take legal action, consumers must still have the expired gift card.
Eligible gift cards are those:
- Issued on a prepaid basis
- Redeemable at a specific business that sells products or services
- Issued by a business that sells a product or service (does not include entertainment venues or theaters)
The following gift cards are not eligible:
- Phone cards or Bed, Bath & Beyond cards
- Reloadable gift cards
- Prepaid debit or secured credit cards
- Loyalty, reward or promotional cards
- Gift certificates issued only in paper form
What Is The Pay For This Settlement?
The pay for this settlement varies and the proof of purchase is not necessary.
Conclusion
As you submit your claim to the settlement website, just like Samsung Ice Maker class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.
