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Consumer Financial Protection Bureau Issues Federal Preemption Determinations Regarding State Gift Card Laws
The Consumer Financial Protection Bureau (CFPB) recently released its final determinations concerning whether Maine and Tennessee unclaimed property laws were preempted by the federal gift card law prohibiting…
CFPB Finds State Unclaimed Property Law Preempted by Federal Credit CARD Act
Last week, the Consumer Financial Protection Bureau (CFPB) issued its final determination regarding whether Maine and Tennessee unclaimed property laws were preempted by the federal Credit Card Accountability and…
Groupon Reaches Settlement in Gift Card Lawsuits
Last year, we discussed a class action lawsuit against Groupon alleging that the company’s deals violate California and federal gift card laws. The plaintiffs argued that Groupon’s deals constitute gift cards, and that…
Court Approves Settlement in Gift Card Lawsuit
This week, a California Superior Court approved a settlement agreement in a class-action lawsuit alleging that Amway Corporation and its related companies violated gift card laws. Amway’s gift cards included a notation…
Recent Lawsuits Allege Groupon and LivingSocial Violate Gift Certificate Laws
Last month, consumers filed a class action lawsuit against Groupon, alleging that the company’s deals violate California and federal gift certificate laws. This month, a similar lawsuit was filed against LivingSocial,…