Amway To Pay Up To $20M In Gift Card Class Action

Law360, New York (April 6, 2011, 7:10 PM EDT) -- Amway Corp. said Tuesday it had settled a class action accusing it of illegally implying a redemption date on retail gift vouchers, agreeing to allow consumers to redeem up to $20 million in various categories of expired or discarded Ribbon Gift Cards.

Under the terms of the settlement, filed in the Superior Court of the State of California, County of Los Angeles, consumers have until June 20 to redeem the cards by visiting the website www.giftcardsettlement.com. Each eligible consumer will be offered one new nondated gift...
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