Some say that expiring gift cards are one of the best scams created by financial engineers. But, a judge here in Chicago just certified a class action against Abercrombie because of expiring gift cards. And, various states have legislated to ban or limit the expiration – see collected statutes here. The opinion is here. Hat tip to LAW360 for covering the case.
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The Intersection Among Torts, Science, Corporate Law, Insurance & Bankruptcy
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