Groupon, the biggest seller of
so-called daily deals, has agreed to settle a
class-action lawsuit alleging the expiration dates on its
discount coupons are illegal.
Typically, the policy governing daily deals allows for the customer to
be able to redeem an expired coupon but at the purchase price as
opposed to its face value. Apparently, that's not the way it's supposed to work, according to most provincial laws.
For instance, if you paid $25 for a $40 Daily Deal voucher, then you are still
entitled to redeem it after the stated expiry date for the $25 purchase price
but not the $15 promotional value, explains the various law firms representing the group.
Think you've been had by the local nail boutique? Then you better get on board.
To make a claim about an unused Daily Deal you'll have to certify that you have an unredeemed and unrefunded Daily Deal voucher that expired prior to March 8, 2013. You must also certify that you either attempted to redeem your voucher at the merchant, or that it's not possible for you to attempt to do so.
A good portion of the settlement money will be going to the legal team, of course -- but you never know.
Gordon Powers, MSN Money