Credit Chaos: Claim Up to $1,000 from $4.9M Settlement by Finding ‘A’ or ‘P’ on Your Receipt
According to The Sun, Certain Americans may be eligible for payments from a recent class-action settlement involving P.C. Richard & Son, a prominent electronics chain. The lawsuit claims that the company improperly printed customers’ debit and credit card expiration dates on their receipts, allegedly violating the Fair and Accurate Credit Transactions Act (FACTA). While P.C. Richard & Son denies any wrongdoing and does not admit to any violations, it has agreed to a $4.9 million settlement to resolve these claims and avoid further legal costs.
Eligibility Requirements
To qualify for a payout from the P.C. Richard & Son settlement, customers must meet the following criteria:
- Payment Method: Customers must have used an American Express credit or debit card for their purchase at a P.C. Richard & Son store.
- Transaction Period: The transaction must have occurred between November 12, 2015, and August 18, 2016.
- Receipt Verification: Customers must have received a printed or electronic receipt that includes the expiration date of their American Express card. Proof of purchase via receipts with the printed expiration date is required.
Customers who meet these criteria should have received a written notice in the mail containing their unique claim number.
Filing a Claim
Notices sent to eligible customers featured either the letter “A” or “P” to indicate the required action:
- “A” Class Identifier: Customers with this designation do not need to take any further action or file a claim to receive their payment.
- “P” Class Identifier: Those who received this identifier must file a short-form claim online through the settlement website. Customers should enter the numbers following the letter “P” along with their last name to initiate their claim.
Also read: How a Bankrupt Houseware Retailer Secured Its Future with a New Deal
The deadline to file a claim is November 26, 2024. The deadlines for objections and exclusion requests have already passed, with cut-off dates of July 22 and July 29, 2024, respectively. A final approval hearing took place on August 20, 2024, so eligible customers can expect payments shortly after the claim deadline.
Payment Distribution
Payments will be distributed on a pro-rata basis, depending on the number of eligible claims filed. While no specific estimates have been provided, eligible individuals may receive a maximum of $1,000, provided they can verify their receipts from P.C. Richard & Son.
It’s important for customers to note that once they receive their settlement checks, they will have an expiration date of 180 days from the issue date. Therefore, claimants should cash their checks promptly.
Other Settlements to Consider
Additionally, customers should be aware of other upcoming settlements with approaching deadlines. For example, popular ice cream brand Breyers is offering money to certain customers in an $8.85 million settlement, with a filing deadline of February 19, 2025. Furthermore, Clif Bar customers have until November 25 to claim their share of a $12 million settlement.
