7th Circ. Affirms AmEx’s ‘Flawed’ $6.7M Gift Card Deal

Law360, New York (December 7, 2017, 3:38 PM EST) -- The Seventh Circuit on Thursday affirmed the dismissal of an objection to American Express’ $6.7 million settlement ending claims that AmEx's prepaid gift cards don't work universally, finding that a district judge didn't abuse his discretion in approving it, even though it said the deal is “flawed” and consumers are getting meager recoveries.

A unanimous three-judge panel held that the lower court properly looked out for consumers by rejecting multiple previous settlement proposals. The panel found that although the current deal, which divvies out $1.95 million...
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Case Information

Case Title

J.G. Goodman, et al v. American Express Travel Relate


Case Number

16-1691

Court

Appellate - 7th Circuit

Nature of Suit

4190 Other Contract Actions

Date Filed

March 30, 2016

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