Target Debit Card Returned Payment Fee Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

Target Corporation has agreed to pay $5 million and waive more than $3 million in unpaid returned payment fees (RPFs) to customers in order to settle a class action. The complaint alleged that Target deceptively marketed its debit cards and that it breached it agreements and the duty of good faith and fair dealing in the way it assessed its RPFs.

Docket Number:

3:16-cv-1678-L-MDD

Company: Target Corporation

Filing Deadline: January 1, 2100

Class Period: June 29, 2012 to December 2, 2019

Objection Deadline: April 17, 2020

Exclusion Deadline: April 17, 2020

Final Approval Hearing: June 22, 2020

Proof of Purchase:

You do not need to submit a claim form. Presumably company records will be used for verification.

Eligibility:

You may be eligible if you are a Target Debit Card holder in the US who, between June 29, 2012 and December 2, 2019, incurred at least one RPF in using their card that was not refunded or waived.

Typical Settlement Amount:

Those who paid their RPFs will receive a pro rata share of the net settlement fund, based on the dollar amount of their first RPF charge. Those who did not pay their RPFs will receive a 25% reduction in the fee.

Total Settlement Amount: $5,000,000

Class Representative Proposed Incentive Fee:

$3,000-$7,500

Law Firms:
Kaliel PLLC
Kopelowitz Ostrow Ferguson Weiselberg
Tycko Zavareei

Case Name: Walters v. Target Corp.

Settlement Website: Target Debit Card Returned Payment Fee Settlement Website

Claims Administrator:
Epiq Systems

Claims Administrator Contact Information:

TDC Settlement
P.O. Box 2838
Portland, OR 97208-2838
1-877-848-3932

Tags: Additional charges in breach of contract, Deceptive Business Practices