SoulCycle To Pay Up To $9.2M To Settle Gift Card Suit

Law360, San Francisco (June 19, 2017, 3:04 PM EDT) -- SoulCycle Inc. has agreed to a deal valued between $6.9 million and $9.2 million that would resolve a nationwide putative class action alleging the indoor cycling fitness company sells illegally expiring gift certificates, according to court documents filed in California federal court Friday.

Under the deal, SoulCycle agreed to reinstate up to two expired classes per customer or reimburse those customers $25 for each of those classes. The company also agreed to adopt policy changes to ensure consumers fully understand that purchasing a class or series...
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Case Information

Case Title

Rachel Cody v. SoulCycle, Inc.


Case Number

2:15-cv-06457

Court

California Central

Nature of Suit

Consumer Credit

Judge

Michael W. Fitzgerald

Date Filed

August 25, 2015

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