Toys 'R' Us Wraps Up False Ad Suit For $1.1M

Law360, Los Angeles (December 5, 2012, 9:41 PM EST) -- A California judge on Wednesday approved a $1.1 million settlement of a class action accusing Toys “R” Us Inc. of falsely advertising that consumers would receive full refunds on returned items purchased with promotional gift cards and discounts, even though the retailer paid out less than the full amount.

The settlement includes a value of $940,000 to class members, who will receive a voucher for $10 off a purchase of $50 or more, and $200,000 in plaintiffs' attorneys' fees and costs. The suit, which was filed...
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