We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

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 of SoulCycle classes does not constitute the purchase of a gift certificate or gift card....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related

Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

California Central

Nature of Suit

Consumer Credit

Judge

Subscribers Only

Date Filed

August 25, 2015

Law Firms

Companies