In the world of consumer law, class action lawsuits play a crucial role in holding companies accountable for their actions. One such case that has recently come to light involves Aterian, Inc., a company accused of falsely advertising their products. This article delves into the details of the class action settlement that has been proposed in the case of Stacy Dorcas v. Aterian, Inc.
Unraveling the Financial Threads of the Settlement
The lawsuit against Aterian, Inc. has resulted in a proposed settlement, the details of which are currently under review. The settlement fund for claimants totals $800,000.
Key Dates to Remember
In any legal proceeding, there are several important dates to keep in mind. For the Stacy Dorcas v. Aterian, Inc. case, the following dates are crucial:
- Deadline to File a Claim: Class members must submit their claims by January 30, 2024.
- Final Approval Date: The settlement is expected to receive final approval on February 29, 2024.
Who Are the Class Members?
The class members in this case include all persons who purchased any of the Covered Products in the United States, its territories, or at any United States military facility or exchange during the Class Period, which spans from December 9, 2018, to August 23, 2023.
However, there are several exclusions to this definition. The following individuals and entities are not considered class members:
What Can Class Members Claim?
Class members who submit a valid Claim Form will receive a cash refund in the form of an electronic payment. The exact amount of this refund has not been disclosed and may depend on various factors, such as the number of valid claims received.
Is Proof Required to Claim the Reward?
Proof of purchase is required to claim an award from this settlement.
Why Is There a Class Action Settlement?
The class action lawsuit against Aterian, Inc. alleges that the company falsely and deceptively labeled and advertised their products with an image of the Austrian flag and the name 'Austria.' This allegedly led consumers to believe that the products were made in Austria, causing them to pay more for the products than they otherwise would have.
The lawsuit asserts claims under various California laws, including the California Consumers Legal Remedies Act, California's False Advertising Law, and California's Unfair Competition Law, as well as claims for breach of warranties, fraud, and unjust enrichment. The proposed settlement aims to resolve these claims without the need for a trial.
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