Apple, Best Buy Settle Deactivated Gift Card Class Action

Law360, New York (February 26, 2014, 3:02 PM EST) -- Apple Inc. and Best Buy Co. Inc. on Tuesday agreed to settle a proposed class action alleging Best Buy deactivates unredeemed Apple iTunes gift cards it sells without informing customers about the cards’ expiration dates.

In a complaint in California federal court, plaintiff Barbara Fafard had claimed the gift cards didn't bear an expiration date and that neither Best Buy nor Apple informed customers of when they might expire. In a motion to preliminarily approve the settlement, Fafard said that under the agreement, the companies would provide relief to class members in one of four ways.

First, some gift card holders...

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