homepage Welcome to WebmasterWorld Guest from
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member
Visit PubCon.com
Home / Forums Index / Local / Foo
Forum Library, Charter, Moderators: incrediBILL & lawman

Foo Forum

Groupon Settles Coupon Expiry Lawsuits For $8.5 Million

 5:53 pm on Apr 3, 2012 (gmt 0)

Groupon Settles Coupon Expiry Lawsuits For $8.5 Million [reuters.com]
Groupon Inc, which runs the world's largest online coupon site, has agreed to an $8.5 million settlement of nationwide litigation alleging the expiration dates on its coupons are illegal.

The settlement resolves 17 lawsuits that had been combined in a federal court in San Diego and which accused the Chicago-based company and retailers it works with of violating federal and state consumer protection laws.



 4:51 pm on Apr 4, 2012 (gmt 0)

In the lawsuits, the plaintiffs said Groupon violated laws such as the federal Credit Card Accountability Responsibility and Disclosure Act, which prohibits the sale of gift cards that expire in fewer than five years.

Holy crapola . . . that's their whole business model, didn't anyone chase that one down before building the business plan? If they change that, what are they? Wow.

Global Options:
 top home search open messages active posts  

Home / Forums Index / Local / Foo
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved