Electronics Chain to Pay Shoppers Up to $1,000 in $4.9M ‘Receipt’ Settlement—Check for ‘A’ or ‘P’ on Your Letter!
According to The Sun, Certain Americans may be eligible for direct payments from a recent class action settlement involving the electronics retailer P.C. Richard & Son. This opportunity arises from a lawsuit concerning alleged discrepancies in customer receipts.
Allegations Against P.C. Richard & Son
The class action lawsuit claims that P.C. Richard & Son printed customers’ debit and credit card expiration dates on receipts, violating the Fair and Accurate Credit Transactions Act (FACTA). Although the company denies any wrongdoing and does not admit to violating FACTA, it has agreed to a settlement of $4.9 million to resolve the claims and avoid further legal costs.
Eligibility Criteria for Settlement Payments
To qualify for a payout from the settlement, customers must meet the following criteria:
- Transaction Type: Customers must have used an American Express credit or debit card for purchases at a P.C. Richard & Son store.
- Transaction Dates: The purchase must have occurred between November 12, 2015, and August 18, 2016.
- Receipt Requirement: Customers must have received a printed or electronic receipt that includes their card’s expiration date.
Additionally, proof of purchase in the form of receipts showing the printed expiration numbers is necessary. Customers who meet these criteria should have received a written notice in the mail containing their claim number.
Claim Filing Process
The notices sent to eligible customers feature either the letter “A” or the letter “P.”
- Class A: Those who received the “A” class identifier do not need to take any further action to receive their payment.
- Class P: Customers with the “P” identifier must file a short-form claim online via the settlement website. They simply need to enter the numbers following the “P” and provide their last name to initiate the claim.
Also read: Corporate Shake-Up: Starbucks Sends Firm Message to Its Corporate Team
The deadline for filing claims is November 26, 2024. Please note that the deadlines for objections and exclusions have already passed, as of July 22 and July 29, 2024, respectively. A final approval hearing was held on August 20, 2024, so customers can expect payments shortly after the claim deadline.
Payment Distribution Details
Payments from the settlement will be distributed on a pro-rata basis, depending on the number of eligible claims filed. While there is no specific estimate for the payout, eligible claimants may receive up to a maximum of $1,000, provided they have valid receipts.
It is essential for customers to cash their settlement checks within 180 days of issuance, as they will include an expiration date.
Other Upcoming Settlement Opportunities
In addition to the P.C. Richard & Son settlement, consumers should be aware of other settlements with approaching deadlines. For example, popular ice cream brand Breyers is offering money to certain customers in an $8.85 million settlement, with claims due by February 19, 2025. Additionally, Clif Bar customers have until November 25, 2024, to file claims for a share of a $12 million settlement.
