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American Express Gift Card Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

This class action alleges that American Express did not adequately inform buyers and holders of its gift cards of the full terms and conditions for using the cards. The complaint alleged that holders were not able to use the full value of the cards because they could not be used in a “split tender” transaction (that is, one using the card plus another form of payment), and that value remaining on the cards would be used up by monthly fees unless the holders paid an additional “check issuance” fee.

Docket Number:

1:07-cv-01707

Company: American Express

Filing Deadline: November 16, 2015

Class Period: January 1, 2002 to September 21, 2011

Objection Deadline: November 16, 2015

Exclusion Deadline: November 16, 2015

Final Approval Hearing: January 22, 2016

Proof of Purchase:

For full claims, gift card or gift card number; claims without cards or card numbers are limited to $5.

Eligibility:

You may be eligible if you bought or held an American Express gift card (bearing the American Express logo) between January 1, 2002 and September 21, 2011. 

Typical Settlement Amount:

For failed split tender transactions, up to $20. For monthly fee charges, up to $8. For “check issuance” fees, up to $5. Maximum: $20 per card, $40 per person. Other awards may apply, including to non-class members. Amounts may be less, depending on number of claims received.

Total Settlement Amount: $6,753,269.50

Class Representative Proposed Incentive Fee:

$1,000

Law Firm:
Bock Hatch & Oppenheim, LLC

Claim Form: Kaufman v. American Express Claim Form

Case Name: Kaufman v. American Express

Settlement Website: kaufmanclassactionsettlement.com

Claims Administrator:
Kaufman Settlement Administrator

Claims Administrator Contact Information:

Kaufman Settlement Administrator
P.O. Box 8015
Faribault, MN 55021-9415 

Tags: Credit Cards, Unfair Services, Your Bank