Gap Hit With Class Action Over Gift Certificate Expirations

Law360, Chicago (April 4, 2012, 7:29 PM EDT) -- The Gap Inc. was hit with a putative class action Wednesday in Illinois alleging that the 90-day expiration dates on its gift certificates violate the state's consumer fraud statute, which requires a five-year redemption period for such items.

In his state court complaint, lead plaintiff Nicholas Spencer alleges that Gap shilled gift certificates through Groupon Inc., the well-known online daily deal vendor, that contained terms that have prevented him and other consumers from redeeming their full value within the time required by the Illinois Consumer Fraud...
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