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LAWSUITS NEWS & LEGAL INFORMATION

Settlement Proposed in Toys


This is a settlement for the Consumer and Financial Fraud lawsuit.

Santa Clara, CA: To all persons residing in the United States who, between May 4, 2003 through October 29, 2010, returned merchandise purchased online to a Babies "R" Us or Toys "R" Us retail store, and received return credit less than theactual purchase amount, a settlement has been proposed in a class action lawsuit pending against Toys "R" Us, Inc. and Toys "R" Us-Delaware, Inc ("Toys "R" Us"), which owns and operates Babies "R" Us, Babiesrus.com, Toys "R" Us andToysrus.com.

The Action alleges that Toys "R" Us engaged in unlawful business practices by failing to provide full refunds for merchandise credit to customers who returned gifts to a retail store that were purchased through the internet. Toys "R" Us denies that it has done anything wrong, and denies that any Class Member has been injured or suffered damages. After analyzing the claims and defenses in this Action, and taking into account the risks and uncertainty inherent in a trial and appeals relating to the Action, the parties have concluded that it is in their respective best interests to settle the Action on the terms summarized in this Notice.

Those Class Members for whom Toys "R" Us can determine from their records timely returned to a retail store gifts purchased over the internet from Babies "R" Us, Babiesrus.com, Toys "R" Us or Toysrus.com and did not receive full merchandise credit refunds, shall automatically receive by e-mail or First Class Mail a $10 Merchandise Certificate to be used at any Babies "R" Us or Toys "R" Us retail store or online at Babiesrus.com or Toysrus.com. These Class Members also have the option of making a Claim for the actual amount shorted after a gift return, which is equal to the purchase price of the item returned less the actual amount previously refunded. To exercise this option, Class Members need to provide their contact information, some transaction information, and mark the box on the Claim Form electing to receive a Merchandise Certificate for the actual amount shorted after a gift return in lieu of the $10 Merchandise Certificate.

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Published on Nov-16-10


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